N.Y. Public Authorities Law § 2311: Compensation, procurement and investment

§ 2311. Compensation, procurement and investment. 1. The compensation

of an officer or full-time employee of the authority (but not including

part-time employees or consultants, including accountants, attorneys and

bond counsel to the authority) shall not be contingent on the granting

of financial assistance by the authority.

2. The provisions of section one hundred four-b of the general

municipal law shall be applicable to the procurement of goods and

services paid for by the authority for its own use and account.

3. The provisions of sections ten and eleven of the general municipal

law shall be applicable to deposits and investments of funds for an

agency's own use and account.