Section 3162. Existing rights and remedies preserved

Upon the transfer
  pursuant to section thirty-one hundred fifty-six of this  title  of  the
  functions  and powers possessed by and all of the obligations and duties
  of the New  York  state  office  of  science,  technology  and  academic
  research  as  established pursuant to article ten-B of the executive law
  to the foundation as prescribed by section thirty-one hundred  fifty-six
  of  this  title, no existing right or remedy of the state, including the
  New York state office of  science,  technology  and  academic  research,
  shall be lost, impaired or affected by reason of this title.