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.