New York Public Authorities Law Section 569-D - Protection of bondholders.

569-d. Protection of bondholders. Nothing in this title contained shall be deemed to limit or alter in any way the rights and obligations of the authority to establish and collect such tolls, fees, rentals and other charges as may be necessary or required to produce sufficient revenues to meet and to fulfill the terms and provisions of the contracts made with the holders and registered owners of the bonds or in any way impair the constitutional rights of the holders and registered owners of the bonds.


Last modified: February 3, 2019