Article IX.
Finances of the State and Banks and Banking

Section 8. Disposition of Funds Received for Bonds

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Disposition of Funds Received for Bonds

Disposition of Funds Received for Bonds

The money arising from any loan made or debt or liability contracted, shall be applied to the object specified in the act authorizing such debt or liability, or to the re-payment of such debt or liability, and to no other purpose whatever.

Redlined Comparison between 1858 and 1975 Amendment

Removed from 1858 Added to 1975

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