* § 2350-v. Code of ethics. 1. The agency shall be deemed a state
agency for the purposes of section seventy-four of the public officers
law.

2. Board members, officers and employees.

(a) Notwithstanding the provisions of any general, special or local
law, municipal charter or ordinance, no public officer or employee shall
be ineligible for appointment as a member of the governing body of the
agency and any public officer or employee may accept such appointment
and serve as such member without forfeiture of any other public office
or position of public employment by reason thereof.

(b) Notwithstanding any provision of any general, special or local
law, municipal charter or ordinance to the contrary, the agency shall
not, directly or indirectly, including through any subsidiary, extend or
maintain credit, arrange for the extension of credit, or renew an
extension of credit, in the form of a personal loan to or for any
officer, board member or employee (or equivalent thereof) of the agency.

(c) Notwithstanding any other provision of any general, special or
local law, municipal charter or ordinance to the contrary, members of
the agency shall file annual financial disclosure statements pursuant to
article eighteen of the general municipal law.

(d) Notwithstanding any other provision of any general, special or
local law, municipal charter or ordinance to the contrary, all members
of the agency shall be required to receive training periodically in the
area of their fiduciary, legal, ethical, financial and accounting
responsibilities to such agency.

(e) The agency shall adopt written policies on personnel, investments,
travel, real estate acquisition and disposition and the procurement of
goods and services, where applicable.

(f) The governing body of the agency shall adopt a code of ethics for
each member of the agency to follow pursuant to the fundamental
principles of ethical service.

(g) Notwithstanding any other provision of law to the contrary, prior
to the issuance of debt by the agency for any building project to be
constructed, financed and/or primarily occupied by such agency, where
the agency would issue debt in excess of one hundred million dollars for
such project, the board of directors shall schedule and hold a public
hearing and solicit public comments on such project. After the
conclusion of the public hearing, the board shall consider the results
of the public hearing and comments with respect to the proposed project,
and if deemed by the board to be in the best interest of the county, its
citizens and such agency's purposes, the board shall consider amendments
to such project to reflect such results and comments.

(h) Nothing in this section shall be construed as limiting the
requirements of the public authorities accountability act of 2005 as
adopted by chapter seven hundred sixty-six of the laws of two thousand
five and the public authorities reform act of 2009 as adopted by chapter
five hundred six of the laws of two thousand nine.

* NB Repealed December 31, 2023