§ 410. Officials not to be interested in sales, leases or contracts.
A public officer or school officer, who is authorized to sell or lease
any property, or to make any contract in his official capacity, or to
take part in making any such sale, lease or contract, who voluntarily
becomes interested individually in such sale, lease or contract,
directly or indirectly, except in cases where such sale, lease or
contract, or payment under the same, is subject to audit or approval by
the commissioner of education, is guilty of a misdemeanor. The
provisions of this section shall not apply to municipal officers and
employees subject to article eighteen of the general municipal law.