Provisions
VII.13 of 1875 • State sinking funds to be kept separate.
APPROVED
The Text
The sinking funds provided for the payment of interest and the extinguishment of the principal of the debts of the State shall be separately kept and safely invested, and neither of them shall be appropriated or used in any manner other than for the specific purpose for which it shall have been provided.
A Few Facts
• Joined the Constitution in 1875
• In Article VII:
• Has 53 words
• Was proposed by the Commission / Legislature
• Went to NYS voters as proposed amendment 5 of 1874
• Is a new addition
Credits
We did lots of research to publish this data, and we're updating the records to let you know where we got it. Check back soon for our sources!