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Texas Special District Local Laws Code - SDLL § 8506.059. Conflict of interest; criminal penalty

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

(a) A director, officer, agent, or employee of the authority may not be directly or indirectly interested in a contract for the purchase of any property or construction of any work by or for the authority.

(b) A person commits an offense if the person violates this section. An offense under this subsection is a felony punishable by:

(1) a fine not to exceed $10,000;

(2) confinement in the institutional division of the Texas Department of Criminal Justice for not less than one year or more than 10 years; or

(3) both the fine and confinement. (Acts 44th Leg., R.S., G.L., Ch. 126, Sec. 7.)

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Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 8506.059. Conflict of interest; criminal penalty - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-8506-059/

Read this complete Texas Special District Local Laws Code - SDLL § 8506.059. Conflict of interest; criminal penalty on Westlaw

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