Section 2058. Moneys of the authority

All moneys of the authority shall
  be paid to the county treasurer as agent of  the  authority,  who  shall
  designate  depositories and who shall not commingle such moneys with any
  other moneys. The moneys shall be deposited in a separate  bank  account
  or  accounts. The moneys in such accounts shall be paid out on checks of
  the treasurer on requisition of the chairman of the authority or of such
  other person or persons as the authority may authorize upon proper audit
  of the county of Broome.
    All deposits of such moneys shall, if required by  the  treasurer,  be
  secured by obligations of the United States or of the state of New York,
  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
  the deposits.
    The  Broome  county auditor and his 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 and the 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.
    * NB Authority dissolved September 1, 1977