* § 2350-v. Code of ethics. 1. The agency shall be deemed a state agency for the purposes of § 74 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 18 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