New York General Municipal Law Section 93-D - Payroll payment by banks or trust companies.

  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.

Last modified: February 3, 2019