[§356D-26]  Security for funds deposited by
the authority.  The authority, by resolution, may provide that all moneys
deposited by it shall be secured:



(1)  By any securities by which funds deposited by the
director of finance may be legally secured as provided in section 38-3; or



(2)  By an undertaking with sureties as are approved
by the authority faithfully to keep and pay over upon the order of the
authority any deposits and agreed interest thereon, and all banks and trust
companies are authorized to give any such security for those deposits. [L 2006,
c 180, pt of §2]