Section 1475-J. Agreement with state

The state does hereby pledge to and
  agree with the holders of any bonds issued by the authority pursuant  to
  this  title  and  with those persons or public authorities who may enter
  into contracts with the authority pursuant to  the  provisions  of  this
  title  that  the state will not alter, limit or impair the rights hereby
  vested in  the  authority  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 authority  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 authority 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 authority. The authority is authorized to
  include this pledge and agreement of the state in any agreement with the
  holders of bonds.