| 10.__Agreements with financial institutions.__Notwithstanding |
the provisions of section 6019, the bank may enter into any |
ancillary obligation or other agreements or contracts with any |
commercial banks, trust companies or banking or other financial |
institutions within or outside the State that are necessary, |
desirable or convenient in the opinion of the bank to provide any |
other services to the bank to assist the bank in effectuating the |
purposes of this subchapter.__The bank may enter into, amend or |
terminate any ancillary obligation as it determines to be |
necessary or appropriate to place the obligations or investments |
of the bank, as represented by the bonds or the investment of |
their proceeds, in whole or in part, on the interest rate, cash |
flow or other basis approved by the bank.__The obligation may |
include without limitation contracts commonly known as interest |
rate swap agreements, forward purchase contracts or guaranteed |
investment contracts and futures or contracts providing for |
payments based on levels of, or changes in, interest rates.__ |
These contracts or arrangements may be entered into by the bank |
in connection with or incidental to entering into or maintaining |
any agreement that secures bonds of the bank or any investment or |
contract providing for investment of reserves or similar facility |
guaranteeing an investment rate for a period of years not to |
exceed the underlying terms of the bonds.__The determination by |
the bank that an ancillary obligation or the amendment or |
termination of an ancillary |