9-7-114. State pledge not to impair bondholder's rights and remedies.
The state pledges to the holders of any bonds issued under this act, that the state will not limit or alter the rights vested in the authority to fulfill the terms of agreements made with the holders, or in any way impair the rights and remedies of the holders until the bonds together with the interest, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceeding by or on behalf of the holders are fully met and discharged. The authority is authorized to include this pledge of the state in any agreement with the holders of the bonds.
Structure Wyoming Statutes
Title 9 - Administration of the Government
Chapter 7 - Community Development, and Science, Technology and Energy, Authorities
Article 1 - Community Development Authority
Section 9-7-101 - Short Title.
Section 9-7-102 - Legislative Findings.
Section 9-7-103 - Definitions.
Section 9-7-105 - Community Development Authority; General Powers and Duties.
Section 9-7-107 - Community Development Authority; Revenue Bonds; Issuance.
Section 9-7-108 - Community Development Authority; Revenue Bonds; Amount Authorized.
Section 9-7-109 - Community Development Authority; Revenue Bonds; Security Therefor.
Section 9-7-111 - Community Development Authority; Revenue Bonds; Disposition of Monies Received.
Section 9-7-112 - Exemptions From Taxation; Exceptions.
Section 9-7-113 - Bonds as Legal Investments.
Section 9-7-114 - State Pledge Not to Impair Bondholder's Rights and Remedies.
Section 9-7-115 - Appointment of Trustee by Bondholders; Powers and Duties Thereof.
Section 9-7-116 - Investment and Management of Funds.
Section 9-7-117 - Assistance by State Agencies.
Section 9-7-118 - Annual Report and Budget.
Section 9-7-119 - Conflicts of Interest.
Section 9-7-120 - Priorities in Commitment of Monies.
Section 9-7-123 - Economic Development Projects; Insurance Fund.
Section 9-7-125 - Subsidiary Corporation; Economic Development Loans.