Sec. 13a-177. Bonds to be general obligations.
95 words·~1 min read·
/ct/title-13a/chapter-240-highway-financing/13a-177·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Said bonds issued pursuant to sections 13a-176 to 13a-183 , inclusive, shall be general obligations of the state and the full faith and credit of the state of Connecticut are pledged for the payment of the principal of and interest on said bonds as the same become due, and accordingly and as part of the contract of the state with the holders of said bonds, appropriation of all amounts necessary for punctual payment of such principal and interest is hereby made, and the Treasurer shall pay such principal and interest as the same become due.