N.Y. PBA Law § 1160
This is the official text of N.Y. PBA Law § 1160, 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
§ 1160. Agreements of the state. The state of New York does pledge to\nand agree with the holders of the bonds or notes that the state will not\nlimit or alter the rights hereby vested in the authority to acquire,\nconstruct, maintain, operate, reconstruct and improve the properties, to\nestablish and collect the revenues, rates, rentals, fees and other\ncharges referred to in this title and to fulfill the terms of any\nagreements made with the holders of the bonds or notes, or in any way\nimpair the rights and remedies of such bondholders or noteholders, until\nthe bonds or notes together with interest thereon, interest on any\nunpaid installments of interest, and all costs and expenses in\nconnection with any action or proceedings by or on behalf of the\nbondholders or noteholders are fully met and discharged.\n
Status: in_force · Read it on the official government site
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