N.Y. New York City health and hospitals corporation act 1016/69 § 14: Agreement of the state

§ 14. Agreement of the state. The state of New York does pledge to and

agree with the holders of any and all bonds and notes of the corporation

that the state will not limit or alter the rights hereby vested in the

corporation to fulfill the terms of any agreements made with the said

holders, or in any way impair the rights and remedies of such holders

until the bonds and notes, together with the interest thereon, interest

on any unpaid installments of interest, and all costs and expenses in

connection with any action or proceeding by or on behalf of such

holders, are fully met and discharged. The corporation is authorized to

include this pledge and agreement of the state in any agreement with the

holders of such bonds or notes.