US Lawyer Database

722 – Fiduciary Obligations of Officers and Agents.

§ 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.

§ 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 […]