New York Arts and Cultural Affairs Law Section 54.17 - Members and employees not to profit.

 54.17. Members  and  employees  not to profit. No officer, member or
  employee of the trust shall receive  or  may  be  lawfully  entitled  to
  receive   any   pecuniary  profit  from  the  operation  thereof  except
  reasonable compensation for services in effecting one  or  more  of  its
  purposes as set forth in this title.

Last modified: February 3, 2019