New York Laws
Title 13-L - Oneida County Sports Facility Authority Act
2052-H - Moneys of the Authority.

§ 2052-h. Moneys of the authority. All moneys of the authority from
whatever source derived shall be paid to the treasurer of the authority,
or to the county commissioner of finance as agent of the authority if
the board shall so determine, and shall be deposited forthwith in a bank
or banks in the state designated by the board. The moneys in such
accounts shall be paid out on check of the treasurer or county
commissioner of finance, as the case may be, upon requisition by the
board or of such other person or persons as the board 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 or of
any other municipality within the county 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. 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. With the approval of the comptroller, the authority shall
prescribe a system of accounts.