State Codes and Statutes
Statutes > New-york > Pba > Article-8 > Title-13-c > 2046-l§ 2046-l. Agreements of the state. The state does pledge to and agree with the holders of the bonds or notes that the state will not limit or alter the rights hereby vested in the agency to acquire, construct, maintain, operate, reconstruct and improve any project, or part or parts thereof, for which bonds or notes shall have been issued, to establish and collect rates, rentals, fees and other charges referred to in this title and to fulfill the terms of any agreement made with the holders of the bonds or notes, or in any way impair the rights and remedies of such bondholders or noteholders, until the bonds or notes together with interest thereon, interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceedings by or on behalf of the bondholders or noteholders are fully met and discharged.
