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§ 3035.8. Commonwealth not to impair bond-related obligations

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 25 P.S. Elections & Electoral DistrictsEffective: October 31, 2019

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 25 P.S. Elections & Electoral Districts (Refs & Annos)
Chapter 14. Election Code (Refs & Annos)
Article XI-B. Voting Apparatus Bonds (Refs & Annos)
Effective: October 31, 2019
25 P.S. § 3035.8
§ 3035.8. Commonwealth not to impair bond-related obligations
Currentness
The Commonwealth pledges that it shall not do any of the following:
(1) Limit or alter the rights and responsibilities of the authority or the department under this article, including the responsibility to:
(i) pay bond obligations and bond administrative expenses; and
(ii) comply with any other instrument or agreement pertaining to bonds.
(2) Alter or limit the service agreement under section 1104-B(b).1
(3) Impair the rights and remedies of the holders of bonds, until each bond issued at any time and the interest on the bond are fully met and discharged.

Credits

1937, June 3, P.L. 1333, No. 320, art. XI-B, § 1108-B, added 2019, Oct. 31, P.L. 552, No. 77, § 3.1, imd. effective.

Footnotes

1
25 P.S. § 3035.4.
25 P.S. § 3035.8, PA ST 25 P.S. § 3035.8
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document