CHAPTER 17. ROADS AND HIGHWAYS.

ARTICLE 27. PUBLIC-PRIVATE TRANSPORTATION FACILITIES ACT.

§17-27-12. Governmental entities prohibited from pledging full faith and credit.

The full faith and credit of the state, or any county, municipality or political subdivision of the state may not be pledged to secure any financing of the developer in connection with the acquisition, construction or equipping of a qualifying transportation facility.

§17-27-12. Governmental entities prohibited from pledging full faith and credit.

Bill History For §17-27-12