§ 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
N.Y. Lab. Law § 722
Fiduciary obligations of officers and agents
Applied in 1 court decision — leading case Feliciano v. Seabrook (2023)
Most recently applied in Feliciano v. Seabrook (March 2023)
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.