Tex. Special District Local Laws Code § 8506.059
CONFLICT OF INTEREST; CRIMINAL PENALTY
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 8506.059, CONFLICT OF INTEREST; CRIMINAL PENALTY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/618647
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Full text
(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.