N.Y. Public Authorities Law § 2676-r: Code of ethics

§ 2676-r. Code of ethics. 1. Definition. As used in this section the

term "authority employee" shall mean any member, officer, or employee of

the authority.

2. Rule with respect to conflicts of interest. No authority employee

should have any interest, financial or otherwise, direct or indirect, or

engage in any business or transaction or professional activity, or incur

any obligation of any nature, which is in substantial conflict with the

proper discharge of such authority employee's duties in the public

interest.

3. Standards. (a) No authority employee shall accept other employment

which will impair such authority employee's independence of judgment in

the exercise of such authority employee's official duties.

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

business or professional activity which will require such authority

employee to disclose confidential information which such authority

employee has gained by reason of such authority employee's official

position or authority.

(c) No authority employee shall disclose confidential information

acquired by such authority employee in the course of such authority

employee's official duties nor use such information to further such

authority employee's personal interests.

(d) No authority employee shall use or attempt to use such authority

employee's official position to secure unwarranted privileges or

exemptions for such authority employee or others.

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

representative or agent of the authority with any business entity in

which such authority employee has a direct or indirect financial

interest that might reasonably tend to conflict with the proper

discharge of such authority employee's official duties.

(f) An authority employee shall not by such authority employee's

conduct give reasonable basis for the impression that any person can

improperly influence such authority employee or unduly enjoy such

authority employee's favor in the performance of such authority

employee's official duties, or that such authority employee is affected

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

(g) An authority employee shall abstain from making personal

investments in enterprises which such authority employee has reason to

believe may be directly involved in decisions to be made by such

authority employee or which will otherwise create substantial conflict

between such authority employee's duty in the public interest and such

authority employee's private interest.

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

which will not raise suspicion among the public that such authority

employee is likely to be engaged in acts that are in violation of such

authority employee's trust.

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

or association of which such authority employee is a member nor

corporation a substantial portion of the stock of which is owned or

controlled directly or indirectly by such authority employee, should

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 authority employee serves or is employed.

(j) If any authority employee 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,

such authority employee shall file with the secretary of state a written

statement that such authority employee has such a financial interest in

such activity which statement shall be open to public inspection.

4. Violations. In addition to any penalty contained in any other

provision of law any such authority employee who shall knowingly and

intentionally violate any of the provisions of this section may be

fined, suspended, or removed from office or employment.