§ 720. Findings and policy. The rights of employees to organize and to bargain collectively through labor organizations of their own choosing have been affirmatively protected by the constitution and statutes of this state and by parallel federal laws. Encouraged by these laws, a substantial proportion of the employees in this state have become members […]
§ 722. Fiduciary obligations of officers and agents. No officer or agent of a labor organization shall, directly or indirectly 1. Have or acquire any pecuniary or personal interest which would conflict with his fiduciary obligation to such organization; 2. Engage in any business or financial transaction which conflicts with his fiduciary obligation; or 3. […]
§ 723. Specific prohibited financial interests and transactions. 1. Without limiting his fiduciary obligation provided in section seven hundred twenty-two, it shall constitute a violation of his fiduciary obligation for an officer or agent of a labor organization: (a) To have, directly or indirectly, any financial interest in any business or transaction of either an […]
§ 724. Obligation of employers and others. No employer, employer organization, labor relations consultant or other person shall knowingly participate in or induce any conduct or act which violates any of the obligations of any officer or agent of a labor organization provided in section seven hundred twenty-three.
§ 725. Enforcement of fiduciary obligations. 1. Where an officer or agent of a labor organization has violated or is violating any of his obligations provided in sections seven hundred twenty-two and seven hundred twenty-three, such labor organization and the parent organization of such labor organization shall each have the right to bring an action […]
§ 726. Financial reporting. 1. Every labor organization and employer organization shall make available to each of its members a copy of its annual financial report, or such portions thereof as the industrial commissioner shall find relevant and appropriate, in such manner as the industrial commissioner shall prescribe. The president or chief executive officer and […]
§ 727. Accounting requirements. 1. Every labor organization, employer organization, employer and labor relations consultant shall maintain detailed and accurate books and records of account in conformity with generally accepted accounting principles and in accordance with standards prescribed by the industrial commissioner; provided, however, that the standards prescribed may vary according to the size and […]
§ 728. Enforcement of financial reporting and accounting duties. 1. Any officer, agent, or employee of any labor organization or employer organization, or any employer or labor relations consultant who wilfully fails or refuses to comply with any provision of sections seven hundred twenty-six or seven hundred twenty-seven of this article shall be guilty of […]
§ 728-a. Limitation of prosecutions under this article. A prosecution for a misdemeanor consisting of a violation of any provision of article twenty-A of the labor law must be commenced within two years after the facts constituting the crime have been or, in the exercise of reasonable diligence, should have been discovered by the industrial […]
§ 729. Rules and regulations; extensions of time. 1. The industrial commissioner may, from time to time, promulgate, amend and rescind appropriate rules and regulations designed to carry out the express provisions and purposes of this article.
§ 731. Construction and saving clause. 1. Nothing contained in this article shall be construed to relieve any labor organization, employer organization, or any of its officers, agents, employees, representatives or members, or any employer or labor relations consultant from compliance with any other provision of this chapter or any other applicable law of this […]
§ 732. Separability. If any provision of this article or the application of such provision to any person or circumstance shall be held invalid, the remainder of this article and the application of such provision to persons or circumstances other than those to which it is held invalid shall not be affected thereby.
