N.Y. General Municipal Law § 517: Disqualification of commissioner, officers and employees

§ 517. Disqualification of commissioner, officers and employees.

Neither the commissioner, nor any officer or employee in the division of

housing shall acquire or hold any interest, direct or indirect, in such

state-aided urban renewal program or in any property then or thereafter

included or planned to be included in such state-aided urban renewal

program, nor shall he retain any interest, direct or indirect, in any

property acquired prior to his appointment or employment which is later

included, or to his knowledge planned to be included, in such

state-aided urban renewal program, nor shall he have any interest,

direct or indirect, in any contract or proposed contract for materials

or services to be furnished or used in connection with such state-aided

urban renewal program. If the commissioner, or any officer or employee

in the division of housing, owns or controls an interest, direct or

indirect, in any property included in any such state-aided urban renewal

program, or in any contract or proposed contract for materials or

services to be furnished or used in connection with such state-aided

urban renewal program, he shall disclose such interest and the date of

acquisition thereof in writing to the governor and the commissioner, and

such disclosure shall be entered in a special record of the division of

housing kept for such purpose.