Sec. 370.2522. APPLICABILITY OF CONFLICTS OF INTEREST LAW TO DIRECTORS. (a) A director is considered to be a local public official for purposes of Chapter 171, Local Government Code.
(b) 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 in the second degree by consanguinity, as determined under Chapter 573, Government Code, has a substantial interest in the business entity.
Added by Acts 2005, 79th Leg., Ch. 590 (H.B. 1708), Sec. 1, eff. September 1, 2005.
Structure Texas Statutes
Subtitle G - Turnpikes and Toll Projects
Chapter 370 - Regional Mobility Authorities
Section 370.251. Board of Directors
Section 370.2511. Board of Directors: Certain Authorities
Section 370.2515. Board Composition Proposal by Turnpike Authority
Section 370.252. Prohibited Conduct for Directors and Employees
Section 370.2521. Filing of Financial Statement by Director
Section 370.2522. Applicability of Conflicts of Interest Law to Directors
Section 370.2523. Applicability of Nepotism Laws
Section 370.254. Removal of Director
Section 370.255. Compensation of Director
Section 370.256. Evidence of Authority Actions
Section 370.257. Public Access
Section 370.258. Indemnification
Section 370.259. Purchase of Liability Insurance
Section 370.260. Certain Contracts and Sales Prohibited