N.Y. Transportation Law 47 – Disqualification of members and employees
§ 47. Disqualification of members and employees. No member or employee of the Utica transit authority 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 his duties, in the public interest. If any member or employee of the Utica transit authority owns or controls an interest, financial or otherwise, direct or indirect, in any property included in any project, which was acquired prior to his appointment or employment, he shall disclose such interest and the date of acquisition thereof in writing to the Utica transit authority prior to such appointment and such disclosure shall be entered upon the minutes of the Utica transit authority.
Terms Used In N.Y. Transportation Law 47
- Authority: shall mean a public benefit corporation created by section forty-one of this Article -I of the general municipal law. See N.Y. Transportation Law 40
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Project: shall mean a specific work or improvement to effectuate all or any part of a plan. See N.Y. Transportation Law 40
- Property: shall mean both real and personal property. See N.Y. Transportation Law 40