New Jersey § 52:18a-78

§ 52:18a-78.

The State of New Jersey does hereby pledge to and covenant and agree with the holders

of any bonds or notes issued pursuant to authorization of the act that the State will

not limit or alter the rights or powers hereby vested in the authority to acquire,

construct, maintain, improve, renovate, preserve, repair and operate any project in any way that would jeopardize the interest of the

holders, or to perform and fulfill the terms of any agreement made with the holders

of the bonds or notes, or to fix, establish, charge and collect such rents, fees,

rates, payments, or other charges as may be convenient or necessary to produce sufficient

revenues to meet all expenses of the authority and to fulfill the terms of any agreement

made with the holders of the bonds and notes, together with 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 the holders, until the bonds and

notes, together with interest thereon, are fully met and discharged or provided for.