Connecticut General Statutes 3-76p – Principal amounts of special obligation bonds not part of state indebtedness
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Notwithstanding the provisions of section 3-21, in computing the aggregate amount of indebtedness of the state, there shall be excluded the principal amount of all special obligation bonds of the state as may be certified by the Treasurer as issued and outstanding pursuant to the provisions of this part.
Terms Used In Connecticut General Statutes 3-76p
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.