N.Y. Gen. City Law § 3-D

Current through 2024 NY Law Chapter 553

Section 3-D - Receipts and disbursements of payrolls

By resolution duly adopted, the common council or other legislative body of the city, may determine to enter into a contract to provide for the deposit of the periodic payroll of the city in a bank or trust company for disbursal by it in accordance with provisions of section ninety-six-b of the banking law.