ยง 1102. Agreements of the state. The state of New York does pledge to
and agree with the holders of the bonds or notes that the state will not
limit or alter the rights hereby vested in the authority to acquire,
construct, maintain, operate, reconstruct and improve the properties, to
establish and collect the revenues, rates, rentals, fees and other
charges referred to in this title and to fulfill the terms of any
agreements made with the holders of the bonds or notes, or in any way
impair the rights and remedies of the bondholders or noteholders, until
the bonds or notes, together with interest thereon, 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 or noteholders, are fully met and discharged.
Structure New York Laws
Article 5 - Public Utility Authorities
Title 5 - Monroe County Water Authority
1095 - Monroe County Water Authority.
1096 - Powers of the Authority.
1096-A - Additional Duties of the Authority.
1097 - Moneys of the Authority.
1098 - Bonds of the Authority.
1099 - Notes of the Authority.
1100 - Duty of Authority to Maintain and Operate.
1101 - Transfer of Officers and Employees.
1102 - Agreements of the State.
1103 - State, County and Municipalities Not Liable on Bonds or Notes.
1104 - Bonds and Notes Legal Investments for Fiduciaries.
1106 - Tax Contract by the State.
1107 - Officers and Employees Not to Be Interested in Transactions.
1110 - Audit of Authority; Annual Report.
1111 - Limitation of Liability.
1112 - Title Not Affected if in Part Unconstitutional or Ineffective.