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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A member of the governing body of another political subdivision is disqualified from serving as a director.
(b) A director is disqualified from serving as a director if:
(1) the director is appointed or elected as a member of the governing body of another political subdivision; or
(2) the board determines a relationship or employment exists that constitutes a disqualification under Section 49.052(a), Water Code.
(c) A person is disqualified from serving as a director if the person or a relative of the person within the third degree by consanguinity or affinity, as determined by Chapter 573, Government Code:
(1) received 10 percent or more of gross income for the previous year from a business entity or other organization, other than a governmental entity, that receives money from the district;
(2) is employed by or participates in the management of a business entity or other organization, other than a governmental entity, that receives money from the district;
(3) directly or indirectly owns or controls more than a 10 percent interest in the fair market value of a business or other organization that receives money from the district;
(4) serves as a corporate officer or member of the board of directors of a business entity or other organization that receives money from the district;
(5) is a creditor, debtor, or guarantor in an amount of $5,000 or more of a person or business entity that receives money from the district;
(6) uses or receives a substantial amount of tangible goods, services, or money from the district other than compensation or reimbursement authorized by law; or
(7) is required to register as a lobbyist under Chapter 305, Government Code, because of the person's activities for compensation on behalf of a profession related to the operation of the district.
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 9054.0204. Disqualification of Directors - last updated January 01, 2024 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-9054-0204/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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