§ 1198-p. Conflicts of interest of members of the board of directors
and officers and employees of the authority. No member of the board of
directors or officer or employee of the authority shall have any
interest in any contract, or take any action or otherwise involve
himself or herself in any activity which, pursuant to article eighteen
of the general municipal law, would be deemed a conflict of interest for
a municipal officer or employee holding a position with a municipality
similar to the position held by the member, officer or employee with the
authority.

It shall not be deemed a conflict of interest for a person to
simultaneously hold positions as a member and as an officer of the
authority.