Section 2585. 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 designated by the
  authority. The moneys in such accounts shall be paid out on check of the
  treasurer upon requisition by such person or persons  as  the  authority
  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  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. To the extent practicable,  consistent  with
  the  cash  requirements  of  the  authority,  all  such  moneys 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 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 controller, the authority shall prescribe a system of accounts.