Texas Transportation Code
§ 370.260 — CERTAIN CONTRACTS AND SALES PROHIBITED
TN § 370.260Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 370. REGIONAL MOBILITY AUTHORITIES · Art. F. GOVERNANCE
Statute text
View on source(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 in an amount not to exceed $1,000.
Legislative history
Added by Acts 2003, 78th Leg., ch. 1325, Sec. 2.01, eff. June 21, 2003.