§ 1232-p. Code of ethics. 1. Definition. As used in this section the
term "authority member" shall mean any officer or member of the board of
the authority.

2. No authority member shall have any interest, financial or
otherwise, direct or indirect, or engage in any business, transaction or
professional activity, or incur any obligation of any nature, which is
in substantial conflict with the proper discharge of his or her duties
in the public interest.

3. (a) No authority member shall accept other employment, which will
impair his or her independence of judgment in the exercise of his or her
official duties.

(b) No authority member shall accept employment or engage in any
business or professional activity which will require the member to
disclose confidential information which he or she has gained by reason
of his or her official position or authority.

(c) No authority member shall disclose confidential information
acquired by the member in the course of his or her official duties nor
use such information to further his or her personal interests.

(d) No authority member shall use or attempt to use his or her
official position to secure unwarranted privileges or exemptions for him
or herself or others.

(e) No authority member shall engage in any transaction as
representative or agent of the authority with any business entity in
which he or she has a direct or indirect financial interest that might
reasonably tend to conflict with the proper discharge of his or her
official duties.

(f) An authority member shall not by his or her conduct give
reasonable basis for the impression that any person can improperly
influence such member or unduly enjoy his or her favor in the
performance of his or her official duties, or that he or she is affected
by the kinship, rank, position or influence of any party or person.

(g) An authority member shall abstain from making personal investments
in enterprises which he or she has reason to believe may be directly
involved in decisions to be made by the member or which will otherwise
create substantial conflict between his or her duty in the public
interest and his or her private interest.

(h) An authority member shall endeavor to pursue a course of conduct
which will not raise suspicion among the public that he or she is likely
to be engaged in acts that are in violation of his or her trust.

(i) No authority member employed on a full-time basis nor any firm or
association of which such a member is a member nor a corporation a
substantial portion of the stock of which is owned or controlled
directly or indirectly by such member, shall sell goods or services to
any person, firm, corporation or association which is licensed or whose
rates are fixed by the authority in which such member serves or is
employed.

(j) If any authority member shall have a financial interest, direct or
indirect, having a value of ten thousand dollars or more in any activity
which is subject to the jurisdiction of a regulatory agency, he or she
shall file with the secretary of state a written statement that he or
she has such a financial interest in such activity which statement shall
be open to public inspection.

4. In addition to any penalty contained in any other provision of law,
any such authority member who shall knowingly and intentionally violate
any of the provisions of this section may be fined, suspended or removed
from office or employment.

5. All members of the authority shall be deemed to be public officers
and shall, notwithstanding any other ethical requirements established by
state or local law, and when not inconsistent with the provisions of
this title, comply with sections seventy-three, seventy-three-a and
seventy-four of the public officers law. Notwithstanding any other
provision of law, the filing of a Nassau county financial disclosure
statement, pursuant to the Nassau county code of ethics as set forth in
section twenty-two hundred eighteen of the county charter, by a member
of the authority shall constitute and be deemed in compliance with the
financial disclosure requirements imposed by this section and section
seventy-three-a of the public officers law.