Conn. Gen. Stat. § 32-23k
State pledge to bond holders and contractors
Connecticut · General Statutes of Connecticut Chapter 579 — Connecticut Innovations, Incorporated · Status: effective
Cite this
- Citation
- Conn. Gen. Stat. § 32-23k, State pledge to bond holders and contractors, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2197776
- Permanent ID
ys:prov:2197776@1- SHA-256
2afc547cfb97cedcf04baa77f51371a92d728015369bffd285267fdd8d488ee3
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Full text
The state of Connecticut does hereby pledge to and agree with the holders of any bonds and notes issued under the provisions of section 32-23f, and with those parties who may enter into contracts with Connecticut Innovations, Incorporated, or its successor agency, that the state will not limit or alter the rights hereby vested in the corporation until such obligations, together with the interest thereon, are fully met and discharged and such contracts are fully performed on the part of the corporation, provided nothing contained herein shall preclude such limitation or alteration if and when adequate provision shall be made by law for the protection of the holders of such bonds and notes of the corporation or those entering into such contracts with the corporation. The corporation is authorized to include this pledge and undertaking for the state in such bonds and notes or contracts.