Section 2040-J. Moneys of the authority

All moneys of the authority from
  whatever source derived shall be paid to the treasurer of the  authority
  and  shall be deposited forthwith in a bank or banks in the state of New
  York designated by the authority. The moneys in such accounts  shall  be
  paid  out on check of the treasurer upon requisition by the authority or
  of such other person or persons as the authority may authorize  to  make
  such requisitions. All deposits of such moneys shall, if required by the
  authority,  be  secured  by  obligations  of the United States or of the
  state of New York or of the towns of a market value equal at  all  times
  to  the  amount  on  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
  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, security, 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
  carry out any such contract notwithstanding that such  contract  may  be
  inconsistent  with the provisions of this section.  Moneys held in trust
  or otherwise for the payment of bonds or notes or in any way  to  secure
  bonds  or  notes  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.