Public Authorities Law § 2477 · Title 19. New York State Sports Authority
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)
* § 2477. Agreement of the state. The state of New York does hereby pledge to and agree with the holders of any bonds or notes issued under this title that the state will not limit or alter the rights hereby vested in the authority 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, 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 authority is authorized to include this pledge and agreement of the state in any agreement with the holders of such bonds or notes.
* NB (Disbanded March, 1980)
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/PBA2477
- Text hash
- sha256 e5b714e3aac0fa3caf6ec71c00018663e18a96edbe83a57e67e8cee0477dfced
- 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
- The Senate's note "(Disbanded March, 1980)" is printed with the text.
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.