Section 1598-G. Moneys of the authority

All moneys of the authority shall
  be paid to the commissioner of finance of  the  city  as  agent  of  the
  authority,  who  shall  not commingle such moneys with any other moneys.
  Such moneys shall be deposited in a separate bank account  or  accounts.
  The  moneys  in  such  accounts shall be paid out by the commissioner of
  finance of the city on requisition of the chairman of the  authority  or
  of  such  other person or persons as the authority may authorize to make
  such requisitions after audit by the  commissioner  of  finance  of  the
  city. All deposits of such moneys shall, if required by the commissioner
  of  finance  of  the city or the authority, be secured by obligations of
  the United States or of 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
  commissioner  of  finance  of  the  city  and  his  legally   authorized
  representatives  are  authorized  and  empowered  from  time  to time to
  examine the accounts and books of the authority, including its receipts,
  disbursements, contracts, leases, sinking  funds,  investments  and  any
  other  records  and  papers  relating  to  its financial standing.   The
  authority shall have  power,  notwithstanding  the  provisions  of  this
  section,  to  contract  with  the  holders of any of its bonds as to the
  custody, collection, securing, 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
  previous  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  acquired  in  the  same  manner  as moneys of the
  authority, and all banks and trust companies are authorized to give such
  security for such deposits.
    The accounts of the authority shall be subject to the  supervision  of
  the state comptroller.