Section 2350-L. Agreement of the state

The state does hereby pledge to and
  agree with the holders of any bonds issued by  the  agency  pursuant  to
  this  title  that  the  state  will not alter or limit the rights hereby
  vested in the agency to purchase, construct, maintain, operate,  repair,
  improve,  increase, enlarge, extend, reconstruct, renovate, rehabilitate
  or dispose of any project, or any part or parts thereof, for which bonds
  of the agency shall have been issued, to  establish  and  collect  lease
  payments, rents, fees and other charges referred to in this title and to
  fulfill  the  terms of any agreement made with or for the benefit of the
  holders of the bonds or with  any  public  corporation  or  person  with
  reference  to  such  project  or  part thereof, or in any way impair the
  rights and remedies of the bondholders, until the bonds,  together  with
  the  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 such holders, are fully met and discharged
  and  such  contracts  are fully performed on the part of the agency. The
  agency is authorized to include this pledge and agreement of  the  state
  in any agreement with bondholders.