There is a newer version of the New York Consolidated Laws
2006 New York Code - New York City Employees\' Retirement System; A Corporation.
§ 13-120 New York city employees' retirement system; a corporation. The retirement system shall have the powers and privileges of a corporation and by its name all of its business shall be transacted, all of its funds invested, all warrants for money drawn and payments made, and all of its cash and securities and other property held.
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