ยง 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.
Structure New York Laws
Article 20-A - Labor and Management Improper Practices Act
722 - Fiduciary Obligations of Officers and Agents.
723 - Specific Prohibited Financial Interests and Transactions.
724 - Obligation of Employers and Others.
725 - Enforcement of Fiduciary Obligations.
727 - Accounting Requirements.
728 - Enforcement of Financial Reporting and Accounting Duties.
728-A - Limitation of Prosecutions Under This Article.
729 - Rules and Regulations; Extensions of Time.