New Jersey § 18a:72a-19

§ 18a:72a-19.

The State of New Jersey does pledge to and agree with the holders of the bonds, notes

and other obligations issued pursuant to authority contained in this chapter, and

with those parties who may enter into contracts with the authority pursuant to the

provisions of this chapter, that the State will not limit, alter or restrict the rights

hereby vested in the authority and the participating institutions to maintain, construct, reconstruct and operate any project as defined in this chapter

or to establish and collect such rents, fees, receipts or other charges as may be

convenient or necessary to produce sufficient revenues to meet the expenses of maintenance

and operation thereof and to fulfill the terms of any agreements made with the holders

of bonds authorized by this chapter, and with the parties who may enter into contracts

with the authority pursuant to the provisions of this chapter, or in any way impair

the rights or remedies of the holders of such bonds or such parties until the bonds,

together with interest thereon, are fully paid and discharged and such contracts are

fully performed on the part of the authority. The authority as a public body corporate and politic shall have the right to include

the pledge herein made in its bonds and contracts.