Section 917. Code of ethics  


Latest version.
  • 1. As used in this section the term "authority
      employee" shall mean any member, officer or employee of the authority.
        2. No  authority  employee  shall  have  any  interest,  financial  or
      otherwise,  direct or indirect, or engage in any business or 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 employee shall accept other employment which will
      impair his or her independence of judgement in the exercise  of  his  or
      her official duties.
        (b)  No  authority  employee  shall accept employment or engage in any
      business or professional activity which will  require  the  employee  to
      disclose  confidential  information which he or she has gained by reason
      of his or her official position or authority.
        (c) No authority  employee  shall  disclose  confidential  information
      acquired by the employee in the course of his or her official duties nor
      use such information to further his or her personal interests.
        (d)  No  authority  employee  shall  use  or attempt to use his or her
      official position to secure unwarranted  privileges  or  exemptions  for
      himself or herself or others.
        (e)   No  authority  employee  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  employee  shall  not  by  his  or her conduct give
      reasonable basis for the  impression  that  any  person  can  improperly
      influence  such  employee  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  employee  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 employee 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 employee 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 employee employed on a full-time basis nor  any  firm
      or  association  of  which such an employee is a member nor authority, a
      substantial portion of  the  stock  of  which  is  owned  or  controlled
      directly or indirectly by such employee, shall sell goods or services to
      any  person,  firm,  authority or association which is licensed or whose
      rates are fixed by the authority in which such  employee  serves  or  is
      employed.
        (j)  If any authority employee 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. Violations. In addition to  any  penalty  contained  in  any  other
      provision  of  law  any  such authority employee who shall knowingly and
      intentionally violate any of the  provisions  of  this  section  may  be
      fined, suspended or removed from office or employment.