1. The corporation shall, at its own expense, provide such policing as may be necessary to preserve order in branch offices and other facilities and premises of the corporation and enforce the provisions of this article and the rules and regulations promulgated pursuant thereto. 2. Such policing shall be provided through employees of the corporation designated as: (i) special patrol officer by the police commissioner of the city and serving pursuant to the provisions of section 14-106 of the administrative code of the city of New York, or (ii) special police officers designated in a manner consistent with section five hundred four of this chapter. When so designated, such special patrol officers or special police officers shall, in the branch offices and the other facilities and premises of the corporation, and in the areas within five hundred feet therefrom: a. Be empowered to perform all functions and to enforce all laws, rules and regulations mentioned in subdivision one of this section and b. Possess all of the powers and discharge all of the duties of regular members of the police force of the city.
New York Legal Code