N.Y. Banking Law § 378-c: Excelsior linked deposit program

§ 378-c. Excelsior linked deposit program. A savings and loan

association may accept moneys deposited by the comptroller or the

commissioner of taxation and finance as linked deposits pursuant to

article fifteen of the state finance law and enter into agreements,

pledge assets or furnish other security, satisfactory in form and amount

to such authorized depositor, for the repayment of such moneys.