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Current as of January 01, 2024 | Updated by FindLaw Staff
(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.
Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 370.2522. Applicability of Conflicts of Interest Law to Directors - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-370-2522/
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 or via Westlaw before relying on it for your legal needs.
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