§ 70. Deposits and accounts. All moneys deposited by the treasurer, as\nprovided herein, shall be placed to the credit of the city. The\ntreasurer shall keep bank books in which shall be entered his accounts\nor deposits in, and moneys drawn from, the banks or trust companies in\nwhich such deposits shall be made. He shall exhibit such books to the\ncomptroller for his inspection at least once each month, and oftener if\nrequired. The banks or trust companies in which such deposits are made,\nshall respectively transmit to the comptroller monthly statements of the\nmoneys which shall have been received and paid out by them on account of\nthe city.\n
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