N.Y. Public Authorities Law § 1232-p: Code of ethics

§ 1232-p. Code of ethics. 1. Definition. As used in this section the

term "authority member" shall mean any officer or member of the board of

the authority.

2. No authority member shall have any interest, financial or

otherwise, direct or indirect, or engage in any business, transaction or

professional activity, or incur any obligation of any nature, which is

in substantial conflict with the proper discharge of his or her duties

in the public interest.

3. (a) No authority member shall accept other employment, which will

impair his or her independence of judgment in the exercise of his or her

official duties.

(b) No authority member shall accept employment or engage in any

business or professional activity which will require the member to

disclose confidential information which he or she has gained by reason

of his or her official position or authority.

(c) No authority member shall disclose confidential information

acquired by the member in the course of his or her official duties nor

use such information to further his or her personal interests.

(d) No authority member shall use or attempt to use his or her

official position to secure unwarranted privileges or exemptions for him

or herself or others.

(e) No authority member shall engage in any transaction as

representative or agent of the authority with any business entity in

which he or she has a direct or indirect financial interest that might

reasonably tend to conflict with the proper discharge of his or her

official duties.

(f) An authority member shall not by his or her conduct give

reasonable basis for the impression that any person can improperly

influence such member or unduly enjoy his or her favor in the

performance of his or her official duties, or that he or she is affected

by the kinship, rank, position or influence of any party or person.

(g) An authority member shall abstain from making personal investments

in enterprises which he or she has reason to believe may be directly

involved in decisions to be made by the member or which will otherwise

create substantial conflict between his or her duty in the public

interest and his or her private interest.

(h) An authority member shall endeavor to pursue a course of conduct

which will not raise suspicion among the public that he or she is likely

to be engaged in acts that are in violation of his or her trust.

(i) No authority member employed on a full-time basis nor any firm or

association of which such a member is a member nor a corporation a

substantial portion of the stock of which is owned or controlled

directly or indirectly by such member, shall sell goods or services to

any person, firm, corporation or association which is licensed or whose

rates are fixed by the authority in which such member serves or is

employed.

(j) If any authority member shall have a financial interest, direct or

indirect, having a value of ten thousand dollars or more in any activity

which is subject to the jurisdiction of a regulatory agency, he or she

shall file with the secretary of state a written statement that he or

she has such a financial interest in such activity which statement shall

be open to public inspection.

4. In addition to any penalty contained in any other provision of law,

any such authority member who shall knowingly and intentionally violate

any of the provisions of this section may be fined, suspended or removed

from office or employment.

5. All members of the authority shall be deemed to be public officers

and shall, notwithstanding any other ethical requirements established by

state or local law, and when not inconsistent with the provisions of

this title, comply with sections seventy-three, seventy-three-a and

seventy-four of the public officers law. Notwithstanding any other

provision of law, the filing of a Nassau county financial disclosure

statement, pursuant to the Nassau county code of ethics as set forth in

section twenty-two hundred eighteen of the county charter, by a member

of the authority shall constitute and be deemed in compliance with the

financial disclosure requirements imposed by this section and section

seventy-three-a of the public officers law.