Section 2587. 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 corporations 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 corporation 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.  Nothing  contained in this title shall be deemed to
  restrict the right of the state to amend, modify,  repeal  or  otherwise
  alter  statutes imposing or relating to taxes or fees, or appropriations
  relating thereto. The authority shall not include within any resolution,
  contract or agreement with holders of the bonds issued under this  title
  any  provision  which  provides that a default occurs as a result of the
  state exercising its right to amend, repeal, modify or  otherwise  alter
  such  taxes,  fees,  or  appropriations.  Nothing in this title shall be
  deemed to obligate the state to make any payments or impose any taxes to
  satisfy the debt service obligations of the authority.