US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Section 6-C:1 – Definitions.

    6-C:1 Definitions. – In this chapter, "net tax supported debt" of the state means the principal amount of any bonds, notes (excluding revenue anticipation or other temporary notes payable no later than one year from their dates), loans, leases in excess of 5 years or other evidence of indebtedness, excluding refinanced debt, which has […]

Section 6-C:2 – Affordable Debt Limit.

    6-C:2 Affordable Debt Limit. – I. The general court shall not authorize any additional net tax supported debt of the state if the projected annual debt service, as certified by the treasurer and filed with the legislative budget assistant, on such additional net tax supported debt, when added to the prior projected and actual […]