ยง 830. Agreement of the state. The state of New York does pledge and
agree with the holders of any bonds that are issued under this title
that the state will not authorize the construction of any market
facilities which will be competitive with any market facilities owned or
operated by the authority or within a reasonable sphere of operation and
extension of market facilities by the authority, nor will it limit or
alter the rights hereby vested in the authority to establish and collect
such rentals and license fees as may be necessary or convenient to
produce sufficient revenues to meet the expense of maintenance and
operation of the market facilities 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 bond holders, until the bonds, together with
interest thereon, with interest on any unpaid instalments of interest,
and all costs and expenses in connection with any actions or proceedings
by or on behalf of the bond holders, are fully met and discharged.
Structure New York Laws
Article 4 - Market Authorities
Title 2 - Central New York Regional Market Authority
826 - Central New York Regional Market Authority.
831 - State and County Not Liable on Bonds.
832 - Bonds Legal Investments for Fiduciaries.
833 - Exemption From Taxation.
834 - Covenants With Authority.
834-B - Powers of Municipal Corporations.
835 - Assistance by Counties Within District.
836 - Remedies of Bond Holders.
837 - Members Not to Be Interested in Transactions.
838 - Repayment of State Appropriation.
839 - Title Not Affected if in Part Unconstitutional or Ineffective.