2010 New York Code
MHY - Mental Hygiene
Title E - GENERAL PROVISIONS
Article 41 - (41.01 - 41.57) LOCAL SERVICES
41.46 - Disclosure by members, officers and employees.

§ 41.46 Disclosure by members, officers and employees.
    In  the  event  that  an agency licensed by the office for people with
  developmental disabilities, the office of mental health or the office of
  alcoholism and substance abuse services enters into an agreement or  has
  entered  into  an  agreement  for the purchase, lease, rehabilitation or
  improvement of real property or a cooperative share  in  real  property,
  any  employee who receives an annual salary in excess of thirty thousand
  dollars, or any board member, or officer of such agency who has a direct
  or indirect interest either financial or  beneficial  in  such  property
  including  the  interest  of any person for whom he or she is related by
  consanguinity or affinity, shall disclose such  interest  prior  to  the
  making of such agreement or at the time of acquisition of such interest.
  Disclosure  pursuant  to  this  section  shall be made in writing to the
  board of directors of such agency and shall indicate the material  facts
  as to the member's, officer's, employee's or relative's interest in such
  property  or  cooperative share. Such disclosure shall be filed with the
  secretary of the corporation and entered on the minutes of a meeting  of
  the  board.  Such  disclosure  shall also be forwarded in writing to the
  appropriate commissioner and to the director of  community  services  of
  the  local  governmental  unit  within which the property or cooperative
  share is located prior to the approval of public funding related to  the
  property  or  cooperative  share which is the subject of disclosure made
  pursuant to this section or at the  time  of  the  acquisition  of  such
  interest, whichever occurs later.

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