N.Y. PBO Law § 105

§ 105. Conduct of executive sessions. 1. Upon a majority vote of its\ntotal membership, taken in an open meeting pursuant to a motion\nidentifying the general area or areas of the subject or subjects to be\nconsidered, a public body may conduct an executive session for the below\nenumerated purposes only, provided, however, that no action by formal\nvote shall be taken to appropriate public moneys:\n a. matters which will imperil the public safety if disclosed;\n b. any matter which may disclose the identity of a law enforcement\nagent or informer;\n c. information relating to current or future investigation or\nprosecution of a criminal offense which would imperil effective law\nenforcement if disclosed;\n d. discussions regarding proposed, pending or current litigation;\n e. collective negotiations pursuant to article fourteen of the civil\nservice law;\n f. the medical, financial, credit or employment history of a\nparticular person or corporation, or matters leading to the appointment,\nemployment, promotion, demotion, discipline, suspension, dismissal or\nremoval of a particular person or corporation;\n g. the preparation, grading or administration of examinations; and\n h. the proposed acquisition, sale or lease of real property or the\nproposed acquisition of securities, or sale or exchange of securities\nheld by such public body, but only when publicity would substantially\naffect the value thereof.\n 2. Attendance at an executive session shall be permitted to any member\nof the public body and any other persons authorized by the public body.\n