Section 2040-L. Agreements of the state

The state of New York does pledge
  to and agree with the holders of the bonds or notes 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
  agreement  made  with  the  holders of the bonds or notes, or in any way
  impair the rights and remedies of such bondholders or noteholders, until
  the bonds or notes together  with  interest  thereon,  interest  on  any
  unpaid   installments  of  interest,  and  all  costs  and  expenses  in
  connection with any action  or  proceedings  by  or  on  behalf  of  the
  bondholders or noteholders are fully met and discharged.