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§ 5105.7. Covenant by Commonwealth not to limit or alter powers vested in agency

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 P.S. Education

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 24 P.S. Education
Chapter 20. Higher Education Assistance (Refs & Annos)
Pennsylvania Higher Education Assistance Agency Act (Refs & Annos)
24 P.S. § 5105.7
§ 5105.7. Covenant by Commonwealth not to limit or alter powers vested in agency
The Commonwealth of Pennsylvania does hereby pledge to, covenant and agree with the holders of any bonds, notes or other obligations issued pursuant to the authority of this act, that the Commonwealth will not limit or alter the rights or powers hereby vested in the agency to perform and fulfill the terms of any agreement made with the holders of such bonds, notes or other obligations, or in any way impair the rights or remedies of such holders.

Credits

1963, Aug. 7, P.L. 549, § 5.7, added 1982, Dec. 29, P.L. 1450, No. 330, § 5, imd. effective.
24 P.S. § 5105.7, PA ST 24 P.S. § 5105.7
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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