2569 - Moneys of the corporation.

§ 2569. Moneys of the corporation. All moneys of the corporation, from  whatever  source  derived, shall be paid to the commissioner of taxation  and finance as agent of the corporation, who shall  not  commingle  such  moneys  with  any  other  moneys.  Such  moneys  shall be deposited in a  separate bank account to be known as the  "convention  center  operating  corporation fund". The moneys in such fund shall be expended for payment  of  any  and  all  costs  and expenditures as required for the corporate  purposes of the corporation and authorized by appropriation or  required  pursuant to repayment agreements required by section twenty-five hundred  sixty-six  of  this title, provided that all expenditures from such fund  shall be subject to the prior approval of the director  of  the  budget.  The  moneys  in such fund when made available shall be paid out on check  of the commissioner of  taxation  and  finance  on  requisition  of  the  chairman  of  the  corporation or of such other person or persons as the  corporation may authorize to make such requisition. All deposits of such  moneys shall, if required by the commissioner of taxation and finance or  the corporation, be secured by obligations of the United  States  or  of  the  state  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. Any moneys of the corporation not required  for immediate  use  or  disbursement  may,  at  the  discretion  of  the  corporation,  be invested by the commissioner of taxation and finance in  accordance with the provisions of section ninety-eight-a  of  the  state  finance   law.   The   state  comptroller  and  his  legally  authorized  representatives are authorized  and  empowered  from  time  to  time  to  examine  the  accounts  and  books  of  the  corporation,  including its  receipts, disbursements, contracts, leases, investments  and  any  other  records and papers relating to its financial standing.