Section 1840-F. Agreement with Nassau and Suffolk counties and the state

Nassau and Suffolk counties  are  authorized  to,  and  the  state  does
  hereby,  pledge  to  and  agree  with  the holders of any bonds or notes
  issued under this title in respect of  an  assisted  project,  that  the
  state  and counties will not limit or alter the rights and powers vested
  in the authority by this title to fulfill the terms of any contract made
  by the authority with such holders or in any way impair the  rights  and
  remedies  of  such holders until such bonds and notes, together with the
  interest thereon, with 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.  The
  authority  is  authorized  to  include  this pledge and agreement of the
  state and counties, in the bonds, notes and contracts of the authority.