New York Laws
Title 4 - Thousand Islands Bridge Authority
580 - Moneys of the Authority.

§ 580. Moneys of the authority. Subject to the provisions of any
agreement with the holders of any bonds or notes of the authority which
may provide otherwise, and except as otherwise provided or authorized
herein, all moneys of the authority from whatever source derived shall
be paid to the treasurer and shall be deposited forthwith in a bank or
banks designated by the authority. The moneys in such accounts shall be
withdrawn on the order of such person or persons as the authority may
authorize. All deposits of such money shall, if required by the
authority, be secured in such manner as the authority may determine. The
treasurer of the county and his legally authorized representatives are
authorized and empowered from time to time to examine the accounts and
books of the authority, including its receipts, disbursements,
contracts, leases, reserves, sinking funds, investments and any other
records and papers relating to its financial standing, or to accept from
the authority, in lieu of such an examination, an external examination
of its books and accounts made at the request of the authority.

Notwithstanding the foregoing provisions of this section or any other
provision of this title to the contrary, the authority shall have the
power 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, whether held in trust or otherwise, and to carry out
such contract, and the provisions of such contract shall supersede any
provisions of this chapter which are contrary thereto or inconsistent
therewith.