3652 - Investment of moneys in reserve funds.

§ 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.