Tex. Spec. Dists. Code § 7201.057

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 7201.057 - Substantial Business Interest

For purposes of Chapter 171, Local Government Code, a director, in connection with a vote or decision by the board, is considered to have a substantial interest in a business entity if a person related to the director within the third degree by consanguinity or affinity, as determined under Chapter 573, Government Code, has a substantial interest in the business entity.

Tex. Spec. Dist. Loc. Laws § 7201.057

Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 702,Sec. 3, eff. 9/1/2019.