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.