Tex. Spec. Dist. Local Laws Code § 7201.057 · Subchapter B. BOARD OF DIRECTORS
SUBSTANTIAL BUSINESS INTEREST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 702 (S.B. 2552), Sec. 3, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7201.htm
- Text hash
- sha256 c48983a3918327260db604ca5b04ebb766c79a821107a08ea31012fcf11101af
- 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
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Government Code
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