N.Y. PBA Law § 3314
This is the official text of N.Y. PBA Law § 3314, 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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Agreement with county
Official statutory text
§ 3314. Agreement with county. The county is authorized to pledge to\nand agree with the holders of any bonds issued by the corporation\npursuant to this title and with those persons or public corporations who\nmay enter into contracts with the corporation pursuant to the provisions\nof this title that the county will not alter, limit or impair the rights\nhereby vested in the corporation to purchase, construct, own and\noperate, maintain, repair, improve, reconstruct, renovate, rehabilitate,\nenlarge, increase and extend, or dispose of any project, or any part or\nparts thereof, for which bonds of the corporation shall have been\nissued, to establish, collect and adjust rates, rents, fees and other\ncharges referred to in this title, to fulfill the terms of any\nagreements made with the holders of the bonds or with any public\ncorporation or person with reference to such project or part thereof, or\nin any way impair the rights and remedies of the holders of bonds, until\nthe bonds, together with interest thereon, including interest on any\nunpaid installments of interest, and all costs and expenses in\nconnection with any action or proceeding by or on behalf of the holders\nof bonds, are fully met and discharged and such contracts are fully\nperformed on the part of the corporation.\n
Status: in_force · Read it on the official government site
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