Section 1978. Agreements of the state

The state of New York does pledge to
  and agree with the holders of the bonds and notes that  the  state  will
  not limit or alter the rights hereby vested in the authority to acquire,
  lease,  mortgage or dispose of real or personal property or any interest
  therein  or  construct,  improve,  enlarge,  operate  and  maintain  the
  project,  to  fix,  establish  and  collect the rates, rentals, fees and
  other charges referred to in this act and to fulfill the  terms  of  any
  agreements  made  with the holders of the bonds and notes, or in any way
  impair the rights and remedies of such bondholders and noteholders until
  the bonds and notes, 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 and noteholders are fully met and discharged.