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2015 New York Laws
EDN - Education
Title 5 - TAXATION AND FINANCIAL ADMINISTRATION
Article 74 - (3651 - 3652) RESERVE FUNDS
3652 - Investment of moneys in reserve funds.

NY Educ L § 3652 (2015) What's This?
 3652. Investment of moneys in reserve funds.  The school authorities
  of any school district or the district treasurer or other officer having
  custody  of  the  moneys,  if the school authorities shall delegate such
  duty to him, may invest moneys in any fund established pursuant to  this
  article  in  the  manner  provided  by  section  eleven  of  the general
  municipal law.

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