Section 1060. Agreements of the state

The state of New York does pledge to
  and agree with the holders of the bonds 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 in any way impair the rights  and
  remedies  of  the  bondholders,  until the bonds, 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, are fully met and discharged.