There is a newer version of the New York Consolidated Laws
2006 New York Code - Interest In Contracts Prohibited.
§ 2045-q. Interest in contracts prohibited. It shall be a misdemeanor for any member of the governing body or any officer, agent, servant or employee of the agency to be in any way or manner interested, directly or indirectly, in the furnishing of work, materials, supplies or labor, or in any contract therefor which the agency is empowered by this title to make.
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