New York § 1115-W Interest in contracts prohibited

New York Statutes

§ 1115-W — Interest in contracts prohibited

New York § 1115-W

Law PBAPublic Authorities

Title 6Albany Municipal Water Finance Authority

Art. 5Public Utility Authorities

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Bluebook

N.Y. Public Authorities § 1115-W (2026).

Text

  § 1115-w. Interest in contracts prohibited. It shall be a misdemeanor\nfor any member of the governing body or any officer, agent, servant or\nemployee of the authority or the water board to be in any way or manner\ninterested, directly or indirectly, in the furnishing of work,\nmaterials, supplies or labor, or in any contract therefor which the\nauthority or the water board, as the case may be, is empowered by this\ntitle to make.\n

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§ 1115-w. Interest in contracts prohibited. It shall be a misdemeanor\nfor any member of the governing body or any officer, agent, servant or\nemployee of the authority or the water board to be in any way or manner\ninterested, directly or indirectly, in the furnishing of work,\nmaterials, supplies or labor, or in any contract therefor which the\nauthority or the water board, as the case may be, is empowered by this\ntitle to make.\n