93-D - Payroll payment by banks or trust companies. - New York Statutes

§ 93-d. Payroll payment by banks or trust companies. The governing body of any municipal corporation, school district, district corporation, town or county improvement district, public authority, or public corporation may enter into a contract to provide for the deposit of the periodic payroll of such corporations, districts or authorities in a bank or trust company for disbursal by them in accordance with the provisions of section ninety-six-b of the banking law.