Texas Local Government Code 271.902 – Prohibition of Conflict of Interest in Purchase by Municipality or County From Cooperative Associations
Current as of: 2024 | Check for updates
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Terms Used In Texas Local Government Code 271.902
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
If a member of the governing body or an appointed board or commission of a municipality or county belongs to a cooperative association, the municipality or county may purchase equipment or supplies from the association only if no member of the governing body, board, or commission will receive a pecuniary benefit from the purchase, other than as reflected in an increase in dividends distributed generally to members of the association.