N.Y. PBA Law § 569
This is the official text of N.Y. PBA Law § 569, 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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Protection of prior bondholders
Official statutory text
§ 569. Protection of prior bondholders. Nothing in this title\ncontained shall be deemed in any way to limit or alter the rights vested\nin the authority to establish and collect such charges and tolls as may\nbe convenient or necessary to produce sufficient revenue to meet the\nexpense of maintenance and operation and to fulfill the terms of any\nagreements made with the holders of bonds issued or authorized to be\nissued prior to January first, nineteen hundred forty-six, or in any way\nto impair the rights and remedies thereunder of the holders of such\nbonds.\n
Status: in_force · Read it on the official government site
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