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N.Y. Labor Law § 722

Fiduciary obligations of officers and agents

New York · New York Labor Law · Status: effective · Effective 2014-09-22

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N.Y. Labor Law § 722, Fiduciary obligations of officers and agents, New York, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1114256
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§ 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.