2442 - Agreement of the State.

NY Pub Auth L § 2442 (2019) (N/A)
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(2) The agency shall not include within any resolution, contract or agreement with holders of the bonds, notes or other obligations issued under this title any provision which provides that a default occurs as a result of the state exercising its right to amend, modify, or repeal or otherwise alter (a) any provision of law relating to state aid; or (b) statutes imposing or relating to taxes or fees, or (c) appropriations relating thereto. 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 agency.