New York Unconsolidated|SECTION 21

                                                

  § 21. Monies of the corporation. (1) The corporation shall have power
to contract with the holders of any of its bonds or notes, as to the
custody, collection, securing, investment, and payment of any monies of
the corporation, of any monies held in trust or otherwise for the
payment of bonds or notes, and to carry out such contract. Monies held
in trust or otherwise for the payment of bonds and notes or in any way
to secure bonds or notes and deposits of such monies may be secured by
obligations of the United States or the state of a market value equal at
all times to the amount of the deposit and all banks and trust companies
are authorized to give such security for such deposits.

(2) Subject to agreements with bondholders and noteholders, the
corporation shall prescribe a system of accounts.

(3) The comptroller, or his legally authorized representative, is
hereby authorized and empowered from time to time to examine the books
and accounts of the corporation including its receipts, disbursements,
contracts, reserve funds, sinking funds, investments, and any other
matters relating to its financial standing.

(4) The corporation shall submit to the governor, chairman of the
senate finance committee, chairman of the assembly ways and means
committee and the comptroller,

(a) within thirty days of the receipt thereof by the corporation, a
copy of the report of every external examination of the books and
accounts of the corporation other than copies of the reports of such
examinations made by the comptroller;

(b) within ninety days after the end of its fiscal year, a complete
and detailed report setting forth: (1) its operations and
accomplishments; (2) its receipts and expenditures during such fiscal
year in accordance with the categories or classifications established by
the corporation for its operating and capital outlay purposes, including
a listing of all private consultants engaged by the corporation on a
contract basis and a statement of the total amount paid to each such
private consultant; (3) its assets and liabilities at the end of its
fiscal year, including a schedule of its leases and other commitments
and the status of reserve, special or other funds; and (4) a schedule of
its bonds and notes outstanding at the end of its fiscal year, together
with a statement of the amounts redeemed and incurred during such fiscal
year.