Statute · New York Labor Law

N.Y. Lab. Law § 722 — Fiduciary obligations of officers and agents

N.Y. Lab. Law § 722

Type
Statute
Source
New York Labor Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 722. Fiduciary obligations of officers and agents. No officer or agent of a labor organization shall, directly or indirectly

Citator

N.Y. Lab. Law § 722 — Fiduciary obligations of officers and agents is in force in the current edition of the Code, and nothing recorded condemns it.

§ 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.