New York Laws
Article 11 - Canal Employees
110 - Canal Officers Not to Be Interested in Floats, Contracts, or Hydraulic Works.

ยง 110. Canal officers not to be interested in floats, contracts, or
hydraulic works. No public officer or employee connected with the care
or management of the canal system shall be interested in any hydraulic
work dependent upon the canals for a supply of water or in any
commercial float navigating the canals, or directly or indirectly in any
contract on the canals as a contractor, surety or otherwise in his own
name or in the name of any other person or either directly or indirectly
derives any benefit from an expenditure upon the canal system beyond his
established compensation. If any officer or employee shall, at any time
while holding such office or employment, be or become so interested or
derive any such benefit, he shall forfeit his office or position and be
discharged therefrom, and any contract in contravention hereof shall be
void.