Section 2046-J. Moneys of the agency

All moneys of the agency from whatever
  source derived shall be paid to the treasurer of the agency and shall be
  deposited  forthwith  in  a bank or banks in the state designated by the
  agency. The moneys in such accounts shall be paid out on  check  of  the
  treasurer  upon  requisition  by  the  agency or of such other person or
  persons as the agency may  authorize  to  make  such  requisitions.  All
  deposits  of  such  moneys shall be secured by obligations of the United
  States or of the state or of the town 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 agency, all
  such moneys shall be deposited in interest bearing accounts. The  agency
  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 agency, 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 agency and all banks and trust companies are authorized  to  give
  such  security  for  such deposits.   Subject to any agreements with the
  holders of any of its bonds or notes,  any  moneys  of  the  agency  not
  required for immediate use or distribution may, at the discretion of the
  agency,  be  invested  in  those  obligations  specified pursuant to the
  provisions of section ninety-eight-a of the state finance  law.  Subject
  to  any  agreements  with  the holders of any of its bonds or notes, the
  agency with the approval of the  state  comptroller  shall  prescribe  a
  system of accounts.