Section 1131. Moneys of the authority

All moneys of the authority from
  whatever source derived shall be paid to the treasurer of the  authority
  and  shall  be  deposited  forthwith  in  a  bank  or banks in the state
  designated by the governing body. The moneys in such accounts  shall  be
  paid  out  on  check  of the treasurer upon requisition by the governing
  body or of such other person  or  persons  as  the  governing  body  may
  authorize  to  make such requisitions. All deposits of such moneys shall
  be secured by obligations of the United States or of the  state  of  the
  county  or of any other municipality within the county of a market value
  equal at all times to the amount on deposit  and  all  banks  and  trust
  companies  are  authorized  to give such security for such deposits. The
  authority shall have  power,  notwithstanding  the  provisions  of  this
  section,  to  contract  with  the holders of any bonds as to the custody
  collection, security, investment  and  payment  of  any  moneys  of  the
  authority  or  any  moneys held in trust or otherwise for the payment of
  bonds or in any way to secure bonds, and to carry out any such  contract
  notwithstanding   that  such  contract  may  be  inconsistent  with  the
  provisions of this section. Moneys held in trust or  otherwise  for  the
  payment  of  bonds  or  in  any way to secure bonds and deposits of such
  moneys may be secured in the same manner as moneys of the authority  and
  all  banks  and trust companies are authorized to give such security for
  such deposits. Any moneys of the authority not  required  for  immediate
  use or disbursement may, at the discretion of the authority, be invested
  in  those  obligations  specified  pursuant to the provisions of section
  ninety-eight-a of the state finance law. Subject to  the  provisions  of
  any  contract with bondholders and with the approval of the comptroller,
  the authority shall prescribe a system of accounts.
    * NB There are 2 § 1131's