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2013 New York Consolidated Laws
LAB - Labor
Article 20-A - (720 - 732) LABOR AND MANAGEMENT IMPROPER PRACTICES ACT
722 - Fiduciary obligations of officers and agents.


NY Lab L § 722 (2012) What's This?
 
    §  722.  Fiduciary  obligations  of officers and agents. No officer or
  agent of a labor organization shall, directly or indirectly
    1. Have or acquire any pecuniary  or  personal  interest  which  would
  conflict with his fiduciary obligation to such organization;
    2.  Engage  in  any  business or financial transaction which conflicts
  with his fiduciary obligation; or
    3. Act in any way which  subordinates  the  interests  of  such  labor
  organization to his own pecuniary or personal interests.

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