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Public Authorities Law § 582 · Title 4. Thousand Islands Bridge Authority

Agreement of the state

Verbatim from the official edition

Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)

§ 582. Agreement of the state. The state does pledge to and agree with the holders of any bonds that the state will not authorize the construction of any causeway, bridge, tunnel, road, highway or other connection for vehicular traffic, which will be competitive with the bridges authorized pursuant to this title nor will it limit or alter the rights hereby vested in the authority to establish and collect tolls and fix and collect payments, charges and fees or in any way impair the rights and remedies of bondholders; provided that a causeway, bridge, tunnel, road, highway or other connection for vehicular traffic shall be considered as competitive only if it shall form a connection for vehicular traffic between the state and the province of Ontario, Canada, across the Saint Lawrence river within a distance of thirty miles from the bridges authorized pursuant to this title.

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/PBA582
Text hash
sha256 4b6472f3fb45ff578c204dbfc47e91e5701c75ecb48d5ba8288ce552f386054f
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.