APPLICABILITY OF CONFLICTS OF INTEREST LAW TO DIRECTORS.
Tex. TRANSP Code § 370.2522.
in effect(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.
