2015 New York Laws
PBA - Public Authorities
Article 5 - PUBLIC UTILITY AUTHORITIES
Title 7 - (1150 - 1173) ONONDAGA COUNTY WATER AUTHORITY
1160 - Agreements of the state.

  1160. Agreements of the state. The state of New York does pledge to
  and agree with the holders of the bonds or notes that the state will not
  limit or alter the rights hereby vested in  the  authority  to  acquire,
  construct, maintain, operate, reconstruct and improve the properties, to
  establish  and  collect  the  revenues,  rates,  rentals, fees and other
  charges referred to in this title  and  to  fulfill  the  terms  of  any
  agreements  made  with  the holders of the bonds or notes, or in any way
  impair the rights and remedies of such bondholders or noteholders, until
  the bonds or notes together  with  interest  thereon,  interest  on  any
  unpaid   installments  of  interest,  and  all  costs  and  expenses  in
  connection with any action  or  proceedings  by  or  on  behalf  of  the
  bondholders or noteholders are fully met and discharged.