New York § 722 - 722Fiduciary obligations of officers and agents
Full text of New York New York Consolidated Laws § 722 — 722Fiduciary obligations of officers and agents, with citation guidance and answers to common questions.
§ 722. 722Fiduciary obligations of officers and agents
§ 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.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 722
What does New York Consolidated Laws § 722 cover?
Section 722 ("722Fiduciary obligations of officers and agents") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 722?
A common citation format is "New York Consolidated Laws § 722" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 722 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.