§ 209-ee. Adoption of a code of ethics and disclosure of interests by\nfire companies. 1. Notwithstanding any provision of general, special or\nlocal law to the contrary, every fire company that contracts with or is\nunder the control of a county, city, town, village or fire district to\nprovide fire protection or other emergency service, shall adopt a code\nof ethics. Such code shall set forth the standards of conduct reasonably\nexpected.\n 2. Any elected and/or appointed officer of a volunteer fire company\nresponsible for governance, including but not limited to a line officer,\ntreasurer, president, vice president and secretary, who has, will have,\nor later acquires an interest in or whose spouse has, will have, or\nlater acquires an interest in any actual or proposed contract, purchase\nagreement, lease agreement or other agreement, including oral\nagreements, with the fire company of which he or she is a member, shall\npublicly disclose the nature and extent of such interest in writing to\nhis or her immediate supervisor and to the governing body thereof as\nsoon as he or she has knowledge of such actual or prospective interest.\nSuch written disclosure shall be made part of and set forth in the\nofficial record of the proceedings of such body.\n 3. a. For the purpose of this section the term fire company shall have\nthe same meaning as defined in section three of the volunteer\nfirefighters' benefit law.\n b. For the purpose of this section the term interest shall mean a\ndirect or indirect pecuniary or material benefit accruing to an elected\nand/or appointed officer of a volunteer company as the result of a\ncontract with the fire entity which he or she serves. For the purposes\nof this article an elected and/or appointed officer of a volunteer\ncompany shall be deemed to have an interest in the contract of (i) his\nor her spouse, minor children and dependents, (ii) a firm, partnership\nor association of which such individual is a member or employee, (iii) a\ncorporation of which such individual is an officer, director or employee\nand (iv) a corporation any stock of which is owned or controlled\ndirectly or indirectly by such individual.\n c. The disclosure requirement of subdivision two of this section shall\nnot apply to the following:\n (i) a contract with a corporation in which an individual has an\ninterest by reason of stockholdings when less than five per centum of\nthe outstanding stock of the corporation is owned or controlled directly\nor indirectly by such individual; or\n (ii) a contract in which an individual has an interest if the total\nconsideration payable thereunder, when added to the aggregate amount of\nall consideration payable under contracts in which such person had an\ninterest during the fiscal year, does not exceed the sum of seven\nhundred fifty dollars.\n
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