§ 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.
Receipts and disbursements of payrolls
N.Y. General City Law § 3-D, under General Provisions.
N.Y. General City Law § 3-D