Texas Local Government Code 303.0415 – Applicability of Laws Relating to Conflict of Interest
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Terms Used In Texas Local Government Code 303.0415
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A member of the board of a corporation or a member of the governing body of a sponsor of a corporation is subject to the same restrictions as a local public official under Chapter 171.