Section 715. Repayment of state appropriations  


Latest version.
  • All appropriations made
      heretofore or hereafter by the state to the authority shall  be  treated
      as  advances  by  the  state to the authority, and shall be repaid to it
      without interest out of the  first  proceeds  of  bonds  issued  by  the
      authority  for the construction of the bridge. The comptroller is hereby
      authorized to receive from the authority amounts advanced by  the  state
      to  the  authority  and to deposit the same in the state treasury to the
      credit of the capital construction fund  so  that  the  state  shall  be
      reimbursed for the full amount of any and all such advances.