N.Y. Public Authorities Law § 1396: Punishment for irregular demeanor of members or employees of authority

§ 1396. Punishment for irregular demeanor of members or employees of

authority. It shall be a misdemeanor for a member of the authority or an

officer, agent, servant or employee employed by or appointed by the

authority, to be in any way or manner interested, directly or

indirectly, as principal, surety or otherwise, in a contract, the

expense or consideration whereof is payable out of the funds of the

authority.