Tex. Loc. Gov't Code § 271.902

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 271.902 - Prohibition of Conflict of Interest in Purchase By Municipality or County From Cooperative Associations

If a member of the governing body or an appointed board or commission of a municipality or county belongs to a cooperative association, the municipality or county may purchase equipment or supplies from the association only if no member of the governing body, board, or commission will receive a pecuniary benefit from the purchase, other than as reflected in an increase in dividends distributed generally to members of the association.

Tex. Loc. Gov't. Code § 271.902

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. 9/1/1987.