§ 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.