GroundRules
← Search the law
New York · Through 2026-09-11

N.Y. Public Authorities Law § 1020-k*2: Agreements of the state

Read at publisher ↗
Where this section sits in the code
  1. Public Authorities Law
  2. Article 5. Public Utility Authorities
  3. Title 1-A*. Green Island Power Authority

* § 1020-k. Agreements of the state. 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.

* NB There are 2 § 1020-k's

Collected 2026-09-14T19:32:45Z. Source file · JSON

Browse this collection