7-27-25. No impairment of obligation of contract.
51 words·~1 min read·
/nm/chapter-7-taxation/article-27-severance-tax-bonding-act/7-27-25·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Nothing in this Severance Tax Bonding Act shall be construed as impairing or authorizing the impairment of the contract between the state and the holders of the outstanding Building and Institution Severance Tax Bonds, Series July 1, 1955.
History: 1953 Comp., § 72-18-49, enacted by Laws 1961, ch. 5, § 25.