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Texas Transportation Code

§ 366.260 — CERTAIN CONTRACTS AND SALES PROHIBITED

TN § 366.260Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 366. REGIONAL TOLLWAY AUTHORITIES · Art. F. GOVERNANCE

Statute text

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(a)A director, agent, or employee of an authority may not:
(1)contract with the authority; or
(2)be directly or indirectly interested in:
(A)a contract with the authority; or
(B)the sale of property to the authority.
(b)A person who violates Subsection (a) is liable for a civil penalty to the authority not to exceed $1,000.

Legislative history

Added by Acts 1997, 75th Leg., ch. 1171, Sec. 7.24, eff. Sept. 1, 1997.