Section 2051-K. 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 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  or  of  the
  state  or  of the county, the town or any municipality 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
  agency 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  agency  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 agency and all banks  and  trust  companies  are
  authorized  to  give  such security for such deposits. Any moneys of the
  agency not required for  immediate  use  or  disbursement  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 the provisions of any contract with bondholders
  and with the approval of the comptroller, the agency shall  prescribe  a
  system of accounts.
    * NB There are 3 § 2051-k's