N.Y. Arts and Cultural Affairs Law § 59.11: Moneys of the Planetarium Authority

§ 59.11. Moneys of the Planetarium Authority. The moneys in the

deposit account of the Planetarium Authority shall be paid out on checks

signed by the executive director of the Planetarium Authority or by such

other person or persons as the Planetarium Authority may authorize. All

deposits of such moneys shall, if required by the Planetarium Authority,

be secured by obligations of the United States or the state of New York,

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. The comptroller of the city of New York and his legally

authorized representatives are hereby authorized and empowered from time

to time to examine the accounts and books of the Planetarium Authority,

including its receipts, disbursements, contracts, sinking funds,

investments and any other matters relating to its financial standing.