Section 3565. Agreement with state

The state does hereby pledge to and
  agree with the holders of any bonds issued by the  corporation  pursuant
  to  this  title  and  with  those persons or public corporations who may
  enter into contracts with the corporation pursuant to the provisions  of
  this  title  that  the  state will not alter, limit or impair the rights
  hereby vested  in  the  corporation  to  purchase,  construct,  own  and
  operate, maintain, repair, improve, reconstruct, renovate, rehabilitate,
  enlarge,  increase and extend, or dispose of any project, or any part or
  parts thereof for which bonds of the corporation shall have been issued,
  to establish and collect rates, rents, fees and other  charges  referred
  to  in  this  title, to fulfill the terms of any contracts or agreements
  made with or for the benefit of the holders of bonds or with any  person
  or public corporation with reference to such project or part thereof, or
  in  any  way  to impair the rights and remedies of the holders of bonds,
  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  holders
  of  bonds,  are  fully  met  and discharged and such contracts are fully
  performed on the part of the corporation, provided,  however,  that  the
  state reserves the right to adjust its medicaid rates in accordance with
  applicable  law  and  implementing regulations, if any.  The corporation
  shall include this pledge and agreement of the state  in  any  agreement
  with  the  holders  of bonds.   In no event shall the provisions of this
  section limit the applicability and enforceability of any and all  terms
  and  conditions  included  in  any  contract  or  contracts entered into
  pursuant to subdivision two of section four hundred three of the  public
  health law.