Section 1939-A. Agreements of the state  


Latest version.
  • The state does pledge to and agree
      with the holders of the bonds that the state will not  limit  or  impair
      the  rights  hereby  vested  in  the  authority  to  acquire, construct,
      maintain, reconstruct and operate the project, to establish and  collect
      rentals,  fees  and  other  charges  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, with interest on any paid 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.