N.Y. Lab. Law § 722

Current through 2024 NY Law Chapters 1-49, 52, and 61-117

Section 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.

N.Y. Lab. Law § 722