§ 74. Restrictions on additional subsidies. No subsidy, in addition
to any periodic subsidy originally contracted for in aid of any project
or projects, shall be paid by the state to a municipality or authority,
acting as an instrumentality thereof, for the purpose of enabling such
municipality or authority to remedy an actual default or avoid an
impending default in the payment of principal or interest on any loan
which has been theretofore made by the state to such municipality or
authority pursuant to this chapter.