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.