The state pledges to and agrees with the bondholders, and persons that enter into contracts with the authority under this chapter, that the state will not limit or alter the rights vested in the authority by this chapter before the authority has fully met and discharged the bonds, and any interest due on the bonds, and has fully performed its contracts, unless adequate provision is made by law for the protection of the bondholders or those entering into contracts with the authority.
Wis. Stat. § 233.23
State pledge
Applied in 1 court decision — leading case Rouse v. Theda Clark Medical Center, Inc. (2007)
Most recently applied in Rouse v. Theda Clark Medical Center, Inc. (July 2007)
1995 a. 27.
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.