Article VIII.
Taxation and Finance

Section 5. Moneys borrowed to be used for purpose specified

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196819671874

Moneys borrowed to be used for purpose specified

196819671874

Moneys borrowed to be used for purpose specified

All laws, authorizing the borrowing of money by and on behalf of the State, shall specify the purpose for which the money is to be used, and the money so borrowed shall be used for the purpose specified and no other.

196819671874

Moneys borrowed to be used for purpose specified

All laws, authorizing the borrowing of money by and on behalf of the State, shall specify the purpose for which the money is to be used, and the money so borrowed shall be used for the purpose specified and no other.

Redlined Comparison between 1874 and 1967 Amendment

Removed from 1874 Added to 1967

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