Sec. 7201.057. SUBSTANTIAL BUSINESS INTEREST. For purposes of Chapter 171, Local Government Code, a director, in connection with a vote or decision by the board, is considered to have a substantial interest in a business entity if a person related to the director within the third degree by consanguinity or affinity, as determined under Chapter 573, Government Code, has a substantial interest in the business entity.
Added by Acts 2019, 86th Leg., R.S., Ch. 702 (S.B. 2552), Sec. 3, eff. September 1, 2019.
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