Section 860. Moneys of the agency  


Latest version.
  • The agency shall have power to contract
      with the holders of any of  its  bonds  or  notes  as  to  the  custody,
      collection, securing, investment and payment of any moneys of the agency
      or  any  moneys  held  in trust or otherwise for the payment of bonds or
      notes or in any way to secure bonds or notes and to carry out  any  such
      contract.  Moneys held in trust or otherwise for the payment of bonds or
      notes or in any way to secure bonds or notes and deposits of such moneys
      may be secured in the same manner as moneys of the agency, and all banks
      and trust companies are  authorized  to  give  such  security  for  such
      deposits.