Section 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.