N.Y. Labor Law § 722: Fiduciary obligations of officers and agents

§ 722. Fiduciary obligations of officers and agents. No officer or

agent of a labor organization shall, directly or indirectly

1. Have or acquire any pecuniary or personal interest which would

conflict with his fiduciary obligation to such organization;

2. Engage in any business or financial transaction which conflicts

with his fiduciary obligation; or

3. Act in any way which subordinates the interests of such labor

organization to his own pecuniary or personal interests.