Section 2041-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 interest-bearing accounts in a bank
  or banks in the state designated by the governing body.  The  moneys  in
  such  accounts  shall  be  paid  out  on  check  of  the  treasurer upon
  requisition by the governing body or of such other person or persons  as
  the governing body may authorize to make such requisitions. All deposits
  of such moneys shall be secured by obligations of the United States, the
  state,  or  the  participating  counties, 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. The authority shall
  have power, notwithstanding the provisions of this section, to  contract
  with  the  holders of any bonds 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 in any way  to  secure
  bonds,  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  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. Any moneys of the
  authority not required for immediate use or  disbursement  may,  at  the
  discretion  of the authority, be invested in those obligations specified
  pursuant to the  provisions  of  section  ninety-eight-a  of  the  state
  finance  law. Subject to the provisions of any contract with bondholders
  and with the approval of the comptroller, the authority shall  prescribe
  a system of accounts.