Responsibility to public
Compiled text through Sep 15, 2021
Register checked through Jul 29, 2026
No later Register activity identified in this check.
Dates and status
- Compiling agency
- Executive Department
- Text status
- Source receipt
- Compiled text through
- Sep 15, 2021
- Register checked through
- July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
- Activity status
- No later Register activity identified in this check.
- Source snapshot
- Jun 6, 2026
(a)Members of the board of directors of the housing company, whether rental or cooperative, bear a significant public responsibility, since they operate under a State-aided program and effectuate public policy by encouraging the building and operating of housing projects for families of moderate income.
(b)Board members are entrusted with the custody of assets and the administrative control of expenditures representing hundreds of thousands of dollars. The custody and control of such sums require each member to ensure that buildings, grounds and other assets are kept up to high standards so that their value is not impaired and that the annual operating expenditures are spent effectively and economically.
(c)Members must exercise judicious control of the premises entrusted in their care, including community rooms and public spaces.
(d)The board shall adopt, and ensure the full implementation of, equal opportunity policies relating to employment and housing in accordance with its responsibility to all of the people of the State of New York.