§ 34 — General powers and duties of the fund

§ 34. General powers and duties of the fund. The fund shall have the\nfollowing powers in addition to those specifically conferred elsewhere\nin this article:\n 1. To sue and be sued;\n 2. To have a seal and alter the same at pleasure;\n 3. To make and alter by-laws for its organization and internal\nmanagement;\n 4. With the approval of the comptroller, to prescribe a system of\naccounts;\n 5. To make rules and regulations governing the exercise of its\ncorporate powers and the fulfillment of its corporate purposes under\nthis article, which rules and regulations shall be filed with the\nsecretary of state in the manner provided by section one hundred two of\nthe executive law;\n 6. To make and execute contracts, lease agreements, and all other\ninstruments necessary or convenient for the exercise of its corporate\npowers and the fulfillment of its corporate purposes under this article;\n 7. To do any and all things necessary or convenient to carry out its\ncorporate purposes and exercise the powers given and granted to it in\nthis article.\n