Public Authorities Law § 2411 · Part 1. No title
Agreement of the state
Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
§ 2411. Agreement of the state. The state of New York does hereby pledge to and agree with the holders of any bonds or notes or any mortgage insurance contract issued under this title that the state will not limit or alter the rights hereby vested in the agency to fulfill the terms of any agreements made with the holders thereof, or in any way impair the rights and remedies of such holders until such bonds or notes together with the interest thereon, with interest on any unpaid installments of interest, or insurance contracts and all costs and expenses in connection with any action or proceedings 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 the holders of such bonds or notes or insurance contracts.
Source of truth
- Edition
- Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/PBA2411
- Text hash
- sha256 f9c974befbecf1e8850314667dcf74e146f5da2a97a6d177aef3cfd8c8113385
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.