Section 6272. Fund continued

The  city  university  construction fund
  created by chapter seven hundred eighty-two  of  the  laws  of  nineteen
  hundred  sixty-six  is  hereby  continued.    The  fund  is  a corporate
  governmental agency constituting a public benefit  corporation.  It  has
  the powers and privileges of a corporation and all of its business shall
  be  transacted,  all  funds  invested,  all warrants for money drawn and
  payments made, and all cash and securities and other  personal  property
  held under its corporate name.  For all purposes of this article and the
  dormitory  authority act, the fund shall be deemed to be an "educational
  institution."