New York Laws
Article 2 - General Provisions Governing Real Property Actions
232 - Purchases by Certain Officers Prohibited; Penalty.

§ 232. Purchases by certain officers prohibited; penalty. No officer
making a sale as prescribed in section 231, or guardian of an infant
party, or any person for his benefit, directly or indirectly, shall
purchase or be interested in the purchase of any of the property sold;
except that a guardian, where he is lawfully authorized to do so, may
purchase for the benefit or in behalf of his ward. The violation of this
section is a misdemeanor; and a purchase made contrary to this section
is void.

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