ยง 59.17. Bonds legal investments for fiduciaries. The bonds are hereby
  made  securities  in  which all public officers and bodies of this state
  and  all  municipalities  and  municipal  subdivisions,  all   insurance
  companies  and associations, all savings banks and savings institutions,
  including savings  and  loan  associations,  administrators,  guardians,
  executors,  trustees and other fiduciaries in the state may properly and
  legally invest funds in their control.
Structure New York Laws
ACA - Arts and Cultural Affairs
Title V - American Museum of Natural History Planetarium Authority
Article 59 - American Museum of Natural History Planetarium Authority
59.05 - The American Museum of Natural History Planetarium Authority.
59.07 - Powers of the Planetarium Authority.
59.11 - Moneys of the Planetarium Authority.
59.13 - Bonds of the Planetarium Authority.
59.15 - State and City Not Liable on Bonds.
59.17 - Bonds Legal Investments for Fiduciaries.
59.19 - Bonds to Be Tax Exempt.
59.21 - Remedies of Bondholders.
59.23 - Members of the Board of the Planetarium Authority and Employees Not to Profit.