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NEW YORK STATUTES AND CODES

2350-Q - Ownership of agency bonds prohibited.

§ 2350-q. Ownership of agency bonds prohibited. No member, officer or employee of the agency shall own or control the ownership of any bonds of the agency; provided, however, that if any member, officer or employee of the agency shall own or control the ownership of any bonds of the agency on the date of appointment or employment as a member, officer or employee, such member, officer or employee shall sell or otherwise divest ownership of any such bonds as soon as reasonably practicable or place such bonds in a blind trust for the period during which such person serves as a member, officer or employee of the agency.

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