[§201H-78]  Security for funds deposited bythe corporation.  The corporation may by resolution provide that all moneysdeposited by it shall be secured by:

(1)  Any securities by which funds deposited by thedirector of finance may be legally secured as provided in section 38-3; or

(2)  An undertaking with sureties as are approved bythe corporation faithfully to keep and pay over upon the order of thecorporation any deposits and agreed interest thereon, and all banks and trustcompanies are authorized to give any such security for those deposits. [L 2006,c 180, pt of §4]