2006 New York Code - Moneys Of The Authority.

 
    § 59.11. Moneys of the authority. The moneys in the deposit account of
  the authority shall be paid out on checks signed by the president of the
  authority  or  by  such  other  person  or  persons as the authority may
  authorize. All deposits  of  such  moneys  shall,  if  required  by  the
  authority,  be  secured by obligations of the United States or the state
  of New York, 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. The comptroller of the city of New York  and
  his   legally  authorized  representatives  are  hereby  authorized  and
  empowered from time to time to examine the accounts  and  books  of  the
  authority,  including  its  receipts,  disbursements, contracts, sinking
  funds, investments and any  other  matters  relating  to  its  financial
  standing.