New York Laws
Part 1 - Corporate Structure
660 - Expenditure of Funds.

ยง 660. Expenditure of funds. All moneys appropriated for the
Corporation, or derived from other sources in the course of the
administration thereof, shall be expended upon vouchers approved by the
president as the chief administrative officer of the corporation, or by
such employees of the corporation as shall be designated by the
president by a rule or written direction filed with the Comptroller,
when and in the manner authorized by the board.