Section 1475-H. Moneys of the authority

All moneys of the authority from
  whatever source derived 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 on requisition of the chair of the authority
  or  of  such  other  person or persons as the authority may authorize to
  make such requisitions after audit  by  and  upon  the  warrant  of  the
  commissioner  of finance of the city. All deposits of such moneys shall,
  if required by the commissioner of finance or the authority, be  secured
  by  obligations  of  the United States or of the state of New York or of
  any municipality 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. To the extent  practicable,  consistent
  with  the  cash  requirements of the authority, all such moneys shall be
  deposited in interest bearing accounts. The city commissioner of finance
  and his or her 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. Any monies of the
  authority not required for immediate use or  disbursement  may,  at  the
  discretion   of   the   authority,   be  invested  pursuant  to  section
  ninety-eight-a of the state finance law in  accordance  with  guidelines
  established  by  the  authority's  board  and amended from time to time.
  Subject to the provisions of any contract with bondholders and with  the
  approval  of  the  state  comptroller,  the  authority shall prescribe a
  system of accounts.