N.Y. Public Authorities Law § 2675-K
Agreements of the state
New York · New York Public Authorities Law · Status: effective · Effective 2014-09-22
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- Citation
- N.Y. Public Authorities Law § 2675-K, Agreements of the state, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1120197
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Full text
§ 2675-k. Agreements of the state. The state of New York does hereby
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 its convention
facility, 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, including interest on
any unpaid 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.