N.Y. PBA Law § 1060
This is the official text of N.Y. PBA Law § 1060, part of New York’s PBA Law — part of the compiled statutory law of New York, published by the state as "PBA Law." Browse the sections below, each linked to its official government source.
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Agreements of the state
Official statutory text
§ 1060. Agreements of the state. The state of New York does pledge to\nand agree with the holders of the bonds that the state will not limit or\nalter the rights hereby vested in the authority to acquire, construct,\nmaintain, operate, reconstruct and improve the properties, to establish\nand collect the revenues, rates, rentals, fees and other charges\nreferred to in this title and to fulfill the terms of any agreements\nmade with the holders of the bonds, or in any way impair the rights and\nremedies of the bondholders, until the bonds, together with interest\nthereon, interest on any unpaid installments of interest, and all costs\nand expenses in connection with any action or proceeding by or on behalf\nof the bondholders, are fully met and discharged.\n
Status: in_force · Read it on the official government site
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