§ 202. Regents.
1.The University of the State of New York shall be\ngoverned and all its corporate powers exercised by a board of regents\nthe number of whose members shall at all times be four more than the\nnumber of the then existing judicial districts of the state and shall\nnot be less than fifteen. The regents in office April first, nineteen\nhundred seventy-four shall hold office, in the order of their election,\nfor such times that the term of one such regent will expire in each year\non the first day of April. Commencing April first, nineteen hundred\nseventy-four, each regent shall be elected for a term of seven years,\neach such term to expire on the first day of April. Commencing on April\nfirst, nineteen hundred ninety-four, each regent shall be elected for a\nterm of fiv
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§ 202. Regents. 1. The University of the State of New York shall be\ngoverned and all its corporate powers exercised by a board of regents\nthe number of whose members shall at all times be four more than the\nnumber of the then existing judicial districts of the state and shall\nnot be less than fifteen. The regents in office April first, nineteen\nhundred seventy-four shall hold office, in the order of their election,\nfor such times that the term of one such regent will expire in each year\non the first day of April. Commencing April first, nineteen hundred\nseventy-four, each regent shall be elected for a term of seven years,\neach such term to expire on the first day of April. Commencing on April\nfirst, nineteen hundred ninety-four, each regent shall be elected for a\nterm of five years, each such term to expire on the first day of April.\nEach regent shall be elected by the legislature by concurrent resolution\nin the preceding March, on or before the first Tuesday of such month.\nIf, however, the legislature fails to agree on such concurrent\nresolution by the first Tuesday of such month, then the two houses shall\nmeet in joint session at noon on the second Tuesday of such month and\nproceed to elect such regent by joint ballot.\n 2. All vacancies in such office, either for full or unexpired terms,\nshall be so filled that there shall always be in the membership of the\nboard of regents at least one resident of each of the judicial\ndistricts. A vacancy in the office of regent for other cause than\nexpiration of term of service shall be filled for the unexpired term by\nan election at the session of the legislature immediately following such\nvacancy in the manner prescribed in the preceding paragraph, unless the\nlegislature is in session when such vacancy occurs, in which case the\nvacancy shall be filled by such legislature in the manner prescribed in\nthe preceding paragraph, except as hereinafter provided. However, if\nsuch vacancy occurs after the second Tuesday in March and before a\nresolution to adjourn sine die has been adopted by either house, then\nthe vacancy shall be filled by concurrent resolution, unless the\nlegislature fails to agree on such concurrent resolution within three\nlegislative days after its passage by one house, in which case the two\nhouses shall meet in joint session at noon on the next legislative day\nand proceed to elect such regent by joint ballots; provided, however,\nthat if the vacancy occur after the adoption by either house of a\nresolution to adjourn sine die, then the vacancy shall be filled at the\nnext session of the legislature in the manner prescribed in the\npreceding paragraph.\n 3. There shall be no "ex-officio" members of the board of regents.\n 4. No person shall be at the same time a regent of the university and\na trustee, president, principal or any other officer of an institution\nbelonging to the university.\n 5. (a) Every regent, on and after December fifteenth and before the\nfollowing January fifteenth, in each year, shall file with the secretary\nof the senate and with the clerk of the assembly a written statement of\n (1) each financial interest, direct or indirect of himself or herself,\nhis or her spouse and his or her unemancipated children under the age of\neighteen years in any activity which is subject to the jurisdiction of\nthe education department or name of the entity in which the interest is\nhad and whether such interest is over or under five thousand dollars in\nvalue.\n (2) every office and directorship held by him or her in any\ncorporation, firm or enterprise which is subject to the jurisdiction of\nthe education department or which does business with an institution\nwhich is subject to the jurisdiction of the education department,\nincluding the name of such corporation, firm or enterprise.\n (3) any other interest or relationship which he or she determines in\nhis or her discretion might reasonably be expected to be in the public\ninterest and should be disclosed.\n (b) On or before January thirty-first in each year the secretary of\nthe senate and the clerk of the assembly shall jointly prepare a report\ncontaining the statements required to be filed pursuant to paragraph (a)\nof this subdivision. Copies of such report shall be open to public\ninspection in the office of the secretary of the senate and the clerk of\nthe assembly. The senate and assembly may jointly adopt rules to\nimplement the provisions of this subdivision.\n