Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Local Government Code § 379H.055: CONFLICT OF INTEREST.

(a) A board member or employee of a land bank, or a relative of a member or employee within the first degree of consanguinity or affinity, as determined by Chapter 573, Government Code, may not:
(1) acquire any direct or indirect interest in real property of the land bank, in any real property to be acquired by the land bank, or in any real property to be acquired from the land bank; or
(2) have any direct or indirect interest in any contract or proposed contract for materials or services to be furnished or used by the land bank.
(b) The provisions of the former Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil Statutes) related to powers, standards of conduct, and interests in contracts apply to the directors and officers of the land bank.
(c) The board may adopt supplemental rules addressing potential conflicts of interest and ethical guidelines for board members and land bank employees.
Added by Acts 2021, 87th Leg., R.S., Ch. 780 (S.B. 1679), Sec. 1, eff. September 1, 2021.

Where this section sits in the code

LOCAL GOVERNMENT CODE
TITLE 12. PLANNING AND DEVELOPMENT
SUBTITLE A. MUNICIPAL PLANNING AND DEVELOPMENT
CHAPTER 379H. URBAN LAND BANK PROGRAM IN MUNICIPALITY WITH POPULATION OF TWO MILLION OR MORE
SUBCHAPTER B. BOARD OF DIRECTORS

(a) A board member or employee of a land bank, or a relative of a member or employee within the first degree of consanguinity or affinity, as determined by Chapter 573, Government Code, may not:

(1) acquire any direct or indirect interest in real property of the land bank, in any real property to be acquired by the land bank, or in any real property to be acquired from the land bank; or

(2) have any direct or indirect interest in any contract or proposed contract for materials or services to be furnished or used by the land bank.

(b) The provisions of the former Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil Statutes) related to powers, standards of conduct, and interests in contracts apply to the directors and officers of the land bank.

(c) The board may adopt supplemental rules addressing potential conflicts of interest and ethical guidelines for board members and land bank employees.

Added by Acts 2021, 87th Leg., R.S., Ch. 780 (S.B. 1679), Sec. 1, eff. September 1, 2021.

Collected 2026-08-27T01:47:27Z. Source file · JSON

Browse this collection