State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-14 > 2061

*  §  2061. Agreements of the state. The state of New York does pledge  to and agree with the holders of the bonds 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 of the bonds, or in any way impair  the rights and remedies of the bondholders, until  the  bonds,  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  bondholders  are  fully met and  discharged.    * NB Authority dissolved September 1, 1977

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-14 > 2061

*  §  2061. Agreements of the state. The state of New York does pledge  to and agree with the holders of the bonds 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 of the bonds, or in any way impair  the rights and remedies of the bondholders, until  the  bonds,  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  bondholders  are  fully met and  discharged.    * NB Authority dissolved September 1, 1977

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-14 > 2061

*  §  2061. Agreements of the state. The state of New York does pledge  to and agree with the holders of the bonds 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 of the bonds, or in any way impair  the rights and remedies of the bondholders, until  the  bonds,  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  bondholders  are  fully met and  discharged.    * NB Authority dissolved September 1, 1977