N.Y. LAB Law § 722
This is the official text of N.Y. LAB Law § 722, part of New York’s LAB Law — part of the compiled statutory law of New York, published by the state as "LAB Law." Browse the sections below, each linked to its official government source.
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Fiduciary obligations of officers and agents
Official statutory text
§ 722. Fiduciary obligations of officers and agents. No officer or\nagent of a labor organization shall, directly or indirectly\n 1. Have or acquire any pecuniary or personal interest which would\nconflict with his fiduciary obligation to such organization;\n 2. Engage in any business or financial transaction which conflicts\nwith his fiduciary obligation; or\n 3. Act in any way which subordinates the interests of such labor\norganization to his own pecuniary or personal interests.\n
Status: in_force · Read it on the official government site
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