Texas Special District Local Laws Code 3887.058 – Conflicts of Interest
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(a) A director may participate in all board votes and decisions, subject to the requirements of this section.
(b) § 171.004, Local Government Code, does not apply to the district.
Terms Used In Texas Special District Local Laws Code 3887.058
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Affidavit: means a statement in writing of a fact or facts signed by the party making it, sworn to before an officer authorized to administer oaths, and officially certified to by the officer under his seal of office. See Texas Government Code 312.011
- Property: means real and personal property. See Texas Government Code 311.005
(c) 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 an affidavit with the board secretary declaring the interest. Another affidavit is not required if the director’s interest changes.
(d) After the affidavit is filed, the director may participate in a discussion or vote if:
(1) a majority of the appointed directors have a similar interest in the same entity;
(2) all other similar businesses or charitable entities in the district will receive a similar pecuniary benefit; or
(3) the appointed director is a property owner in the district.