N.Y. Pub. Auth. Law § 1020-K
Current through 2024 NY Law Chapter 553
The state does pledge to and agree with the holders of any bonds issued by the authority pursuant to this title that the state will not limit or alter the rights hereby vested in the authority to establish and collect the revenues and other charges referred to in this title and to fulfill the terms of any agreements made with or for the benefit of 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 unpaid 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.
N.Y. Pub. Auth. Law § 1020-K