Article 92 : Limits of borrowing

The borrowing of funds and the assumption of surety obligations, guarantees, or other commitments that may lead to expenditures in future fiscal years shall require authorization by a Cantonal and/or Federal law (as the case may be) specifying or permitting computation of the amounts involved.
Revenues and expenditures shall, in principle, be balanced without revenue from credits.
In cases of natural catastrophes or unusual emergency situations beyond governmental control and substantially harmful to the Canton’s financial capacity, these credit limits may be exceeded on the basis of a decision taken by a majority of the Members of the Cantonal and/or Federal Parliament.