September 14, 2010

Financial Disclosure by Federal Officers

Financial Disclosure by Federal Officers
Formal Opinion of the Attorney General 98-F1

The Attorney General concludes that federal officials serving as members or directors of State public benefit corporation to monitor federal funds cannot be required to comply with New York's financial disclosure requirements [Section 73-a, Public Officers Law].

The opinion indicates that a state cannot impose qualifications on federal officials in addition to those the federal government had deemed sufficient where the federal officials are serving with the corporation as officials of the federal government rather than in their personal capacities.
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