§ 11. Agreement with the state.

The state does hereby pledge to and agree with the holders of any
notes or bonds issued under this act, that the state will not limit or
alter the rights hereby vested in the agency 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 notes or bonds, together
with the interest thereon, with interest on any unpaid installments of
interest, and all costs and expenses in connection with any action or
proceeding by or on behalf of such holders, are fully met and
discharged. The agency is authorized to include this pledge and
agreement of the state in any agreement with the holders of such notes
or bonds.