Section 2788. Monies of the authority

All monies 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 monies 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 monies
  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  monies 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 monies of the authority or any monies held  in  trust
  or  otherwise  for  the payment of bonds or any way to secure bonds, and
  carry out any such contract notwithstanding that such  contract  may  be
  inconsistent  with  the provisions of this section. Monies held in trust
  or otherwise for the payment of bonds or in any way to secure bonds  and
  deposits  of  such monies may be secured in the same manner as monies of
  the authority and all banks and trust companies are authorized  to  give
  such  security  for  such  deposits.  Any  monies  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
  provision of section ninety-eight-a of the state finance law. Subject to
  the  provisions  of any contract with bond holders and with the approval
  of the state comptroller, the authority  shall  prescribe  a  system  of
  accounts.