Tex. Loc. Gov't Code § 171.002 · Chapter 171. REGULATION OF CONFLICTS OF INTEREST OF OFFICERS OF MUNICIPALITIES, COUNTIES, AND CERTAIN OTHER LOCAL GOVERNMENTS
SUBSTANTIAL INTEREST IN BUSINESS ENTITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) For purposes of this chapter, a person has a substantial interest in a business entity if:
(1) the person owns 10 percent or more of the voting stock or shares of the business entity or owns either 10 percent or more or $15,000 or more of the fair market value of the business entity; or
(2) funds received by the person from the business entity exceed 10 percent of the person's gross income for the previous year.
(b) A person has a substantial interest in real property if the interest is an equitable or legal ownership with a fair market value of $2,500 or more.
(c) A local public official is considered to have a substantial interest under this section if a person related to the official in the first degree by consanguinity or affinity, as determined under Chapter 573, Government Code, has a substantial interest under this section.
Notes and commentary — not statutory text
History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1989, 71st Leg., ch. 1, Sec. 40(a), eff. Aug. 28, 1989; Acts 1991, 72nd Leg., ch. 561, Sec. 37, eff. Aug. 26, 1991; Acts 1995, 74th Leg., ch. 76, Sec. 5.95(27), eff. Sept. 1, 1995; Acts 1997, 75th Leg., ch. 849, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.171.htm
- Text hash
- sha256 31c25565cf3ca1ea7952e2bb620a1cc2f0e6a5765d439551a81d73d9364112fc
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 30 provisions
Provisions in this library whose text cites Tex. Loc. Gov't Code § 171.002. Each shows the citation as that text prints it.
Agriculture Code
Education Code
Special District Local Laws Code
- Tex. Spec. Dist. Local Laws Code § 1053.156DISCLOSURE OF FINANCIAL INTEREST.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3001.059CONFLICT OF INTEREST; DISCLOSURE REQUIRED.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3808.054CONFLICTS OF INTEREST.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3809.054CONFLICTS OF INTEREST.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3810.054CONFLICTS OF INTEREST.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3811.054CONFLICTS OF INTEREST.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3814.056CONFLICTS OF INTEREST.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3815.054CONFLICTS OF INTEREST.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3816.054CONFLICTS OF INTEREST.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3819.054CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3820.054CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3821.054CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3822.053CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3823.054CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3824.054CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3829.053CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3830.054CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3834.056CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3852.056CONFLICTS OF INTEREST.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3856.054CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3857.053CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3860.055CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3878.055CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3892.055CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3893.055CONFLICTS OF INTEREST; ONE-TIME AFFIDAVIT.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3905.054CONFLICTS OF INTEREST.Printed as Section 171.002, Local Government Code
- Tex. Spec. Dist. Local Laws Code § 3930.054CONFLICTS OF INTEREST.Printed as Section 171.002, Local Government Code
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