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2015 New York Laws
PBA - Public Authorities
Article 5 - PUBLIC UTILITY AUTHORITIES
Title 9 - (1200 - 1221) NEW YORK CITY TRANSIT AUTHORITY
1211 - Members and employees not to be interested in contracts.

NY Pub Auth L § 1211 (2015) What's This?
  1211.  Members and employees not to be interested in contracts.  It
  shall be a misdemeanor for  any  member,  officer  or  employee  of  the
  authority to be in any way or manner interested, directly or indirectly,
  in any contract made by the authority.

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