DEBTS

     Section 10.  The debts and liabilities of the Territory shall be assumed and paid by the State, and all debts owed to the Territory shall be collected by the State. [Ren Const Con 1968 and election Nov 5, 1968; ren Const Con 1978 and election Nov 7, 1978]

Case Notes

  All territorial general obligation bonds outstanding and unpaid at time of statehood became state obligations.  44 H. 154, 163, 352 P.2d 861.