There is hereby established and adopted a Code of Ethics containing
the following standards of conduct for officers, employees and appointed
officials of the Town of Schroeppel.
No Town employee shall have any interest, financial or otherwise,
direct or indirect, or engage in any business or transaction or professional
activity or incur any obligation of any nature, which is in conflict
with the proper discharge of his or her duties.
No Town employee who is an elected official, department head,
deputy department head, member of the Zoning Board of Appeals or member
of the Planning Board shall have a financial interest in any transaction
or contract with the Town. For the purpose of this subdivision, a
financial interest is defined as a transaction or contract with a
corporation or other legal entity in which a municipal employee has
an interest by reason of stockholdings or otherwise of more than 5%
of the outstanding stock or other controlling interest of the corporation
or other legal entity. The provisions of this section, however, shall
be subject to the exceptions set forth in § 802 of the General
Municipal Law.
Any such Town employee who shall knowingly and intentionally
violate any of the provisions of this chapter may be fined, suspended
or removed from office or employment in the manner provided by law.