N.Y. Banking Law § 420-l: Savings and loan bank eligible as fiscal agent

§ 420-l. Savings and loan bank eligible as fiscal agent. The savings

and loan bank operating pursuant to article ten-B of the banking law may

be designated by the fund as its fiscal agent; such bank shall have the

power to accept such designation and to do all acts necessary in order

to carry out the duties thereby imposed in accordance with any agreement

entered into pursuant thereto.