Statute · New York Public Authorities Law
N.Y. Pub. Auth. Law § 1687 — Members and employees not to profit
N.Y. Pub. Auth. Law § 1687
- Type
- Statute
- Source
- New York Public Authorities Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 1687. Members and employees not to profit. No officer, member or employee of the corporation shall receive or may be lawfully entitled to receive any pecuniary profit from the operation thereof except reasonable compensation for services in effecting one or more of its purposes herein set forth.
Citator
N.Y. Pub. Auth. Law § 1687 — Members and employees not to profit is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1687. Members and employees not to profit. No officer, member or employee of the corporation shall receive or may be lawfully entitled to receive any pecuniary profit from the operation thereof except reasonable compensation for services in effecting one or more of its purposes herein set forth.