Section 1810. Moneys of the authority

1. All moneys of the authority, from
  whatever source derived, shall be paid to the commissioner  of  taxation
  and  finance  as  agent  of  the authority, who shall not commingle such
  moneys with any other moneys.  Such  moneys  shall  be  deposited  in  a
  separate  bank account or accounts. The moneys in such accounts shall be
  paid out on checks signed by the commissioner of taxation and finance on
  requisition of the president of the authority or of such  other  officer
  or  employee  or officers or employees of the authority as the authority
  shall authorize to make such requisition. All deposits  of  such  moneys
  shall,  if  required  by the commissioner of taxation and finance or the
  authority, be secured by obligations of the United States of America  or
  of  the  state 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 such deposits.
    2.  Notwithstanding the provisions of subdivision one of this section,
  the  authority  shall  have  power,  subject  to  the  approval  of  the
  commissioner  of  taxation  and finance, to contract with the holders of
  any of its bonds or notes, as  to  the  custody,  collection,  securing,
  investment  and payment of any moneys of the authority, or of any moneys
  held in trust or otherwise for the payment of bonds  or  notes,  and  to
  carry  out  such  contracts.  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 authority, and all banks and trust companies are authorized to  give
  such security for such deposits.
    3.  Any  moneys  of  the  authority  not required for immediate use or
  disbursement may, at the discretion of the authority, be invested by the
  commissioner of taxation and finance  in  accordance  with  all  of  the
  otherwise  consistent  provisions of section ninety-eight-a of the state
  finance law.
    4. Subject to the provisions of  any  contract  with  bondholders  and
  noteholders  and to the approval of the comptroller, the authority shall
  prescribe a system of accounts.