The state of Connecticut does hereby pledge to and agree with the holders of any obligations issued under this chapter, and with those parties who may enter into contracts with the authority pursuant to the provisions of this chapter, that the state will not limit or alter the rights hereby vested in the authority until such obligations, together with the interest thereon, are fully met and discharged and such contracts are fully performed on the part of the authority, provided nothing herein contained shall preclude such limitation or alteration if and when adequate provision shall be made by law for the protection of the holders of such obligations of the authority or those entering into such contracts with the authority. The authority as agent for the state is authorized to include this pledge and undertaking for the state in such obligations or contracts.
(February, 1965, P.A. 170, S. 20.)
History: Sec. 10-354 transferred to Sec. 10a-195 in 1983 pursuant to reorganization of higher education system.
Structure Connecticut General Statutes
Title 10a - State System of Higher Education
Chapter 187 - Connecticut Health and Educational Facilities Authority
Section 10a-176. (Formerly Sec. 10-335). - Declaration of policy.
Section 10a-177. (Formerly Sec. 10-336). - Short title.
Section 10a-178. (Formerly Sec. 10-337). - Definitions.
Section 10a-180. (Formerly Sec. 10-339). - Powers of authority.
Section 10a-181. (Formerly Sec. 10-340). - Payment of expenses.
Section 10a-182. (Formerly Sec. 10-341). - Acquisition of property by authority.
Section 10a-183. (Formerly Sec. 10-342). - Conveyance of title to participating institutions.
Section 10a-184. (Formerly Sec. 10-343). - Notes of authority.
Section 10a-185. (Formerly Sec. 10-344). - Bonds.
Section 10a-186. (Formerly Sec. 10-345). - Trust agreement to secure bonds.
Section 10a-186c. - State Treasurer may advance funds re qualified nursing homes.
Section 10a-187. (Formerly Sec. 10-346). - Payment of bonds.
Section 10a-187a. - Pledge by state as to limitation or alteration of rights vested in authority.
Section 10a-188. (Formerly Sec. 10-347). - Rents and charges.
Section 10a-189. (Formerly Sec. 10-348). - Use of bond proceeds and revenues.
Section 10a-190. (Formerly Sec. 10-349). - Enforcement of rights and duties.
Section 10a-190a. - Contracts with bondholders regarding funds of the authority.
Section 10a-191. (Formerly Sec. 10-350). - Tax exemption.
Section 10a-192. (Formerly Sec. 10-351). - Refunding bonds.
Section 10a-193. (Formerly Sec. 10-352). - Bonds declared legal investments.
Section 10a-194. (Formerly Sec. 10-353). - Report to Governor by authority.
Section 10a-194a. - Report to Commissioner of Social Services by authority regarding nursing homes.
Section 10a-194c. - Connecticut Child Care Facilities Program.
Section 10a-194d. - Subsidiary.
Section 10a-194f. - Captive Insurance Demonstration Program Grant Fund.
Section 10a-194g. - Financing of costs of digitizing patient records.
Section 10a-194h. - Loans to nonprofit organizations for preschool projects.
Section 10a-194i. - Loans to nursing homes for installation of automatic fire extinguishing systems.
Section 10a-195. (Formerly Sec. 10-354). - Pledge by state to bondholders and contractors.
Section 10a-197. (Formerly Sec. 10-356). - Liberal construction.
Section 10a-198. (Formerly Sec. 10-357). - Chapter controlling over inconsistent law.