New York Laws
Article 15 - Urban Renewal
517 - Disqualification of Commissioner, Officers and Employees.

§ 517. Disqualification of commissioner, officers and employees.
Neither the commissioner, nor any officer or employee in the division of
housing shall acquire or hold any interest, direct or indirect, in such
state-aided urban renewal program or in any property then or thereafter
included or planned to be included in such state-aided urban renewal
program, nor shall he retain any interest, direct or indirect, in any
property acquired prior to his appointment or employment which is later
included, or to his knowledge planned to be included, in such
state-aided urban renewal program, nor shall he have any interest,
direct or indirect, in any contract or proposed contract for materials
or services to be furnished or used in connection with such state-aided
urban renewal program. If the commissioner, or any officer or employee
in the division of housing, owns or controls an interest, direct or
indirect, in any property included in any such state-aided urban renewal
program, or in any contract or proposed contract for materials or
services to be furnished or used in connection with such state-aided
urban renewal program, he shall disclose such interest and the date of
acquisition thereof in writing to the governor and the commissioner, and
such disclosure shall be entered in a special record of the division of
housing kept for such purpose.