N.Y. Arts and Cultural Affairs Law 54.17 – Members and employees not to profit
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§ 54.17. Members and employees not to profit. No officer, member or employee of the trust shall receive or may be lawfully entitled to receive any pecuniary profit from the operation thereof except reasonable compensation for services in effecting one or more of its purposes as set forth in this title.
Terms Used In N.Y. Arts and Cultural Affairs Law 54.17
- Trust: shall mean the trust created by section 54. See N.Y. Arts and Cultural Affairs Law 54.03