{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1053.156","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1053.156","heading":"DISCLOSURE OF FINANCIAL INTEREST.","body":"(a) In this section, \"substantial interest\" has the meaning assigned by Section 171.002, Local Government Code.\n(b) A manager or hospital official shall disclose any financial interest the person has in the sale or lease of a facility described by Section 1053.152 not later than the 30th day before the date of an election held under this subchapter.\n(c) For purposes of this section, a person has a financial interest in the sale or lease if the person:\n(1) has a substantial interest in a business entity involved in the sale or lease;\n(2) is related within the second degree by consanguinity or affinity, as determined under Chapter 573, Government Code, to a person who has a substantial interest in a business entity involved in the sale or lease; or\n(3) is a hospital official who will benefit financially from the sale or lease, other than from the continuation of a compensation package existing before the date of the sale or lease.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1053. LUBBOCK COUNTY HOSPITAL DISTRICT OF LUBBOCK COUNTY, TEXAS","SUBCHAPTER D. SALE OR LEASE OF CERTAIN FACILITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1053.htm#1053.156","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"63ee16826fd977c36458eb3032b13cc372526704ca42213992c9fd8f3445e6b4","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1053.155","next":"us-tx/tex.-special-district-local-laws-code-1053.157"},"notice":"GroundRules: Original legal text. Not legal advice."}