The interest and principal of all notes or bonds of this state when due, shall be paid in gold coin of the United States of the present standard of weight and fineness, or its equivalent.

History of Section.
P.L. 1896, ch. 413, § 1; G.L. 1909, ch. 43, § 11; G.L. 1923, ch. 44, § 11; G.L. 1938, ch. 24, § 11; G.L. 1956, § 42-10-14.