N.Y. Public Authorities Law § 2061: Agreements of the state

* § 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