2012 New York Consolidated Laws
PBA - Public Authorities
Article 4 - MARKET AUTHORITIES
Title 4 - (875 - 893) GENESEE VALLEY REGIONAL MARKET AUTHORITY
883 - Agreement of the state.

 
    §  883.  Agreement  of  the  state.  The state of New York does hereby
  pledge to and agree with the holders of the bonds that  the  state  will
  not  authorize  the  construction  or operation of any market facilities
  within the district by any public agency or public corporation, nor will
  it limit or alter the rights hereby vested in the authority to  acquire,
  construct,  reconstruct,  improve,  equip,  operate  and maintain market
  facilities, to establish and collect rentals, fees and other charges and
  to fulfill the terms of any agreements made  with  the  holders  of  the
  bonds,  or in any way impair the rights and remedies of the bondholders,
  until the bonds together with accrued 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 the
  bondholders, are fully met and discharged.