Section 1599-H. Moneys of the authority

All moneys of the authority shall
  be  paid  to  the  director  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 money in such accounts shall be paid out by the director of  finance
  on  requisition  of  the  chairman of the authority or of such person or
  persons as the authority may authorize to make such  requisitions  after
  audit  by  and upon the warrant of the director of finance. All deposits
  of such moneys shall, to the extent required  by  section  two  thousand
  nine  hundred  twenty-five  of this chapter be secured by obligations of
  the United States or the state of New York at 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
  director  of  finance  and  his  legally  authorized  representative 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
  account of the authority shall be subject  to  the  supervision  of  the
  state  comptroller  and he or his legally authorized representatives are
  hereby authorized and  empowered  from  time  to  time  to  examine  the
  accounts   and   books   of   the  authority,  including  its  receipts,
  disbursements, contracts,  sinking  funds,  investments  and  any  other
  matter  relating  to  its  financial  standing  and  fiscal affairs. The
  authority shall render a complete annual account of its  proceedings  to
  the  Mayor  and the city council at or prior to its first meeting of the
  city council in March of each and every year and at such other times  as
  may reasonably be requested by the city council.
    * NB Authority ceased to exist 08/05/2002
    * NB There are 4 § 1599-h's