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Texas Election Code - ELEC § 253.038. Payments Made to Purchase Real Property or to Rent Certain Real Property Prohibited

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A candidate or officeholder or a specific-purpose committee for supporting, opposing, or assisting the candidate or officeholder may not knowingly make or authorize a payment from a political contribution to purchase real property or to pay the interest on or principal of a note for the purchase of real property.

(a-1) A candidate or officeholder or a specific-purpose committee for supporting, opposing, or assisting the candidate or officeholder may not knowingly make or authorize a payment from a political contribution for the rental or purchase of real property from:

(1) a person related within the second degree by consanguinity or affinity, as determined under Chapter 573, Government Code, to the candidate or officeholder;  or

(2) a business in which the candidate or officeholder or a person described by Subdivision (1) has a participating interest of more than 10 percent, holds a position on the governing body, or serves as an officer.

(b) A person who violates this section commits an offense.  An offense under this subsection is a Class A misdemeanor.

(c) This section does not apply to a payment made in connection with real property that was purchased before January 1, 1992.

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Cite this article: FindLaw.com - Texas Election Code - ELEC § 253.038. Payments Made to Purchase Real Property or to Rent Certain Real Property Prohibited - last updated January 01, 2024 | https://codes.findlaw.com/tx/election-code/elec-sect-253-038/

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