State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-14-a > 2081

§  2081. Agreements of the state. The state of New York does pledge to  and agree with the holders of the bonds, notes or other obligations that  the state will not limit or impair  the  rights  hereby  vested  in  the  authority  to  acquire, construct, maintain, reconstruct and operate the  project, to establish and collect rentals, fees and other charges and to  fulfill the terms of any agreements made with the holders, or in any way  impair the rights and remedies of the holders, until the bonds, notes or  other obligations together with interest thereon, with interest  on  any  paid  installments  of interest and all costs and expenses in connection  with any action or proceeding by or on behalf of the holders  are  fully  met and discharged.

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-14-a > 2081

§  2081. Agreements of the state. The state of New York does pledge to  and agree with the holders of the bonds, notes or other obligations that  the state will not limit or impair  the  rights  hereby  vested  in  the  authority  to  acquire, construct, maintain, reconstruct and operate the  project, to establish and collect rentals, fees and other charges and to  fulfill the terms of any agreements made with the holders, or in any way  impair the rights and remedies of the holders, until the bonds, notes or  other obligations together with interest thereon, with interest  on  any  paid  installments  of interest and all costs and expenses in connection  with any action or proceeding by or on behalf of the holders  are  fully  met and discharged.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-14-a > 2081

§  2081. Agreements of the state. The state of New York does pledge to  and agree with the holders of the bonds, notes or other obligations that  the state will not limit or impair  the  rights  hereby  vested  in  the  authority  to  acquire, construct, maintain, reconstruct and operate the  project, to establish and collect rentals, fees and other charges and to  fulfill the terms of any agreements made with the holders, or in any way  impair the rights and remedies of the holders, until the bonds, notes or  other obligations together with interest thereon, with interest  on  any  paid  installments  of interest and all costs and expenses in connection  with any action or proceeding by or on behalf of the holders  are  fully  met and discharged.