2012 New York Consolidated Laws
PBA - Public Authorities
Article 8 - MISCELLANEOUS AUTHORITIES
Title 13-D - (2047-A - 2047-X) DUTCHESS COUNTY RESOURCE RECOVERY AGENCY
2047-M - Agreement with the state.

 
    §  2047-m.  Agreement  with 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 rates,
  rents, fees and other charges referred to in this title, to fulfill  the
  terms  of  any  agreement made with or for the benefit of the holders of
  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
  bondholders,  until  the bonds, 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 agency is authorized  to
  include  this  pledge  and  agreement of the state in any agreement with
  bondholders.