Texas Special District Local Laws Code - Section 3824.054. Conflicts Of Interest; One-Time Affidavit
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Texas Laws > Special District Local Laws Code > Texas Special District Local Laws Code - Section 3824.054. Conflicts Of Interest; One-Time Affidavit
Section: 3824.005 3824.006 3824.007 3824.008 3824.051 3824.052 3824.053 3824.054 3824.055 3824.101 3824.102 3824.103 3824.104 3824.105 3824.106
§ 3824.054. CONFLICTS OF INTEREST; ONE-TIME
AFFIDAVIT. (a) Except as provided by this section:
(1) a director may participate in all board votes and
(2) Chapter 171, Local Government Code, governs
conflicts of interest for directors.
(b) Section 171.004, Local Government Code, does not apply
to the district. A director who has a substantial interest in a
business or charitable entity that will receive a pecuniary benefit
from a board action shall file a one-time affidavit declaring the
interest. An additional affidavit is not required if the
director's interest changes. After the affidavit is filed with the
board secretary, the director may participate in a discussion or
vote on that action if:
(1) a majority of the directors have a similar
interest in the same entity; or
(2) all other similar business or charitable entities
in the district will receive a similar pecuniary benefit.
(c) A director who is also an officer or employee of a public
entity may not participate in the discussion of or vote on a matter
regarding a contract with that public entity.
(d) For purposes of this section, a director has a
substantial interest in a charitable entity in the same manner that
a person would have a substantial interest in a business entity
under Section 171.002, Local Government Code.
Added by Acts 2005, 79th Leg., ch. 729, § 1.03, eff. April 1,
Last modified: August 11, 2007