ยง 491. Actions  by  and against fund. 1. The state supreme court shall
  have exclusive jurisdiction of any action, suit  or  special  proceeding
  brought  by  or  against or involving the fund. The venue of any action,
  suit or special proceeding brought against the funds shall  be  laid  in
  the city of Yonkers and county of Westchester.
2.  In every action against the fund for damages, for injuries to real
  or personal property, or for the destruction thereof,  or  for  personal
  injuries  or  death,  the  complaint shall contain an allegation that at
  least thirty days have elapsed since the demand, claim  or  claims  upon
  which  such  action is founded were presented to a trustee or officer of
  the fund and  that  the  fund  has  neglected  or  refused  to  make  an
  adjustment or payment thereof for thirty days after such presentment.
3.  Except in an action for wrongful death, an action against the fund
  for damages for injuries to  real  or  personal  property,  or  for  the
  destruction  thereof,  or  for  personal  injuries, alleged to have been
  sustained, shall not be commenced more than one  year  and  ninety  days
  after  the  cause  of  action  therefor shall have accrued, nor unless a
  notice of claim shall have been served on the fund within the time limit
  established by, and in  compliance  with  all  requirements  of  section
  fifty-e  of  the  general  municipal law. An action against the fund for
  wrongful death shall be commenced in accordance with the notice of claim
  and time limitation provisions of title eleven of article  nine  of  the
  public authorities law.
Structure New York Laws
Article 10-B - City of Yonkers Educational Construction Fund
477 - City of Yonkers Educational Construction Fund.
478 - General Powers and Duties of Fund.
479 - Relationship With the Board of Education of the City of Yonkers.
480 - Special Provisions Relating to Acquisition and Transfer of Real Property.
481 - Plans and Specifications.
482 - Letting of Construction Contracts.
484 - Lease and Other Agreements.
485 - Notes and Bonds of the Fund.
486 - Reserve Funds, Appropriations and Other Funds and Accounts.
487 - Agreement With the State.
488 - State and City's Right to Require Redemption of Bonds.
489 - Remedies of Noteholders and Bondholders.
490 - Notes and Bonds as Legal Investments.
491 - Actions by and Against Fund.
492 - Exemptions From Taxation.
493 - Annual Report of Trustees.
494 - Article Not Affected if in Part Unconstitutional or Ineffective.