Section 59.11. Moneys of the Planetarium Authority  


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  • The  moneys  in the
      deposit account of the Planetarium Authority shall be paid out on checks
      signed by the executive director of the Planetarium Authority or by such
      other person or persons as the Planetarium Authority may authorize.  All
      deposits of such moneys shall, if required by the Planetarium Authority,
      be secured by obligations of the United States or the state of New York,
      of  a  market  value equal at all times to the amount of the deposit and
      all banks and trust companies are authorized to give such  security  for
      such  deposits.  The comptroller of the city of New York and his legally
      authorized representatives are hereby authorized and empowered from time
      to time to examine the accounts and books of the Planetarium  Authority,
      including   its   receipts,  disbursements,  contracts,  sinking  funds,
      investments and any other matters relating to its financial standing.