Section 1569-H. Moneys of the authority

All moneys of the authority from
  whatever source derived shall be paid to the treasurer 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
  treasurer 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   city
  comptroller.  All  deposits  of  such  moneys  shall, if required by the
  treasurer or the authority, be secured  by  obligations  of  the  United
  States or 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  monies  shall  be  deposited  in  interest  bearing
  accounts.   The  city  treasurer  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.