Section 1600-H. Moneys of the authority

All moneys of the authority shall
  be  paid  to  the  village  treasurer  of  the  village  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  village  treasurer
  of  the  village  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 village treasurer of  the  village.  All
  deposits  of  such moneys shall, if required by the village treasurer of
  the village 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 treasurer of the
  village  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  or notes 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 notes or in any way to secure
  bonds or notes, 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 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.  The
  accounts  of  the  authority  shall be subject to the supervision of the
  state comptroller. The authority shall render a complete account of  its
  proceedings  to  the  village board of trustees at such time or times as
  required to do so by said village board of trustees.
    * NB Ceased to exist December 31, 1999
    * NB There are 2 § 1600-h's