Interest in contracts prohibited

N.Y. Public Authorities Law § 1196-N, under New York State Local Water and Sewer Authority Act.

N.Y. Public Authorities Law § 1196-N

§ 1196-n. Interest in contracts prohibited. It shall be a misdemeanor\nfor any member or any officer, agent, servant or employee of an\nauthority to be in any way or manner interested, directly or indirectly,\nin the furnishing of work, materials, supplies or labor, or in any\ncontract therefor which the authority is empowered by this title to\nmake.\n