Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 569 — Protection of prior bondholders
N.Y. Pub. Auth. Law § 569
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 569. Protection of prior bondholders. Nothing in this title contained shall be deemed in any way to limit or alter the rights vested in the authority to establish and collect such charges and tolls as may be convenient or necessary to produce sufficient revenue to meet the expense of…
Citator
N.Y. Pub. Auth. Law § 569 — Protection of prior bondholders is in force in the current edition of the Code, and nothing recorded condemns it.
§ 569. Protection of prior bondholders. Nothing in this title contained shall be deemed in any way to limit or alter the rights vested in the authority to establish and collect such charges and tolls as may be convenient or necessary to produce sufficient revenue to meet the expense of maintenance and operation and to fulfill the terms of any agreements made with the holders of bonds issued or authorized to be issued prior to January first, nineteen hundred forty-six, or in any way to impair the rights and remedies thereunder of the holders of such bonds.