2010 New York Code
TAX - Tax
Article 34 - (1600 - 1620) NEW YORK STATE LOTTERY FOR EDUCATION
1611 - Delivery of funds; designation of banks.

§  1611.  Delivery  of  funds;  designation  of  banks.  a.  Except as
  otherwise provided in this section, all moneys received by any  and  all
  lottery  sales  agents  from the sales of lottery tickets, including any
  lottery tickets, for the support of winter sports physical education  in
  commemoration  of the XIII olympic winter games if any, less the amount,
  if any, retained pursuant to paragraph nine of subdivision a of  section
  sixteen hundred four of this article shall be delivered to the division.
  The  division  shall  immediately  deposit to its credit all such moneys
  received in banks, banking houses or trust companies designated  by  the
  commissioner  and  the  comptroller. The division in its discretion, may
  require any or all lottery sales agents to deposit such  moneys  to  the
  division's credit in banks, banking houses or trust companies designated
  by  it, with the approval of the commissioner and the comptroller and to
  file with the division reports of their receipts and transactions in the
  sale of lottery tickets in such form and containing such information  as
  the  division  may require.  The withdrawal, pursuant to section sixteen
  hundred twelve of this article, of moneys so deposited by  the  division
  or  lottery  sales  agents  shall  be  subject  to a check signed by the
  director or such officers or employees of the division as  the  director
  may designate.
    b.  The  division  may  make  arrangements for any person, including a
  bank, banking  house  or  trust  company,  to  perform  such  functions,
  activities  or  services in connection with the operation of the lottery
  as the  division  may  prescribe  and  such  functions,  activities  and
  services  shall  constitute lawful functions, activities and services of
  such person.