Tex. Spec. Dist. Local Laws Code § 1053.156 · Subchapter D. SALE OR LEASE OF CERTAIN FACILITY
DISCLOSURE OF FINANCIAL INTEREST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "substantial interest" has the meaning assigned by Section 171.002, Local Government Code.
(b) A manager or hospital official shall disclose any financial interest the person has in the sale or lease of a facility described by Section 1053.152 not later than the 30th day before the date of an election held under this subchapter.
(c) For purposes of this section, a person has a financial interest in the sale or lease if the person:
(1) has a substantial interest in a business entity involved in the sale or lease;
(2) is related within the second degree by consanguinity or affinity, as determined under Chapter 573, Government Code, to a person who has a substantial interest in a business entity involved in the sale or lease; or
(3) is a hospital official who will benefit financially from the sale or lease, other than from the continuation of a compensation package existing before the date of the sale or lease.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1053.htm
- Text hash
- sha256 0628f797fca1ec70bf5cd5456ef3160ae285b1d67bb0823006284262c7e51dda
- 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.
Government Code
Local Government Code
Special District Local Laws Code
Cited by 4 provisions
Provisions in this library whose text cites Tex. Spec. Dist. Local Laws Code § 1053.156. Each shows the citation as that text prints it.
Special District Local Laws Code
- Tex. Spec. Dist. Local Laws Code § 1053.152RESOLUTION; SALE OR LEASE OF FACILITY.Printed as Sections 1053.156 and 1053.157
- Tex. Spec. Dist. Local Laws Code § 1053.157DISCLOSURE; PUBLIC RECORD.Printed as Section 1053.155 or 1053.156
- Tex. Spec. Dist. Local Laws Code § 1053.158ELECTION CANCELLATION.Printed as Sections 1053.156 and 1053.157
- Tex. Spec. Dist. Local Laws Code § 1053.161CRIMINAL PENALTY.Printed as Section 1053.156
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.