{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8509.0110","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8509.0110","heading":"INTEREST IN CONTRACT.","body":"(a) A director who has a financial interest in a contract under consideration by the district for the purchase, sale, lease, rental, or supply of property, including supplies, materials, and equipment, or the construction of facilities, shall disclose that fact to the other directors and may not vote on or participate in discussions during board meetings on the acceptance of the contract.\n(b) A director's financial interest does not affect the validity of a contract if disclosure is made and the director with the financial interest does not vote on the question of entering into the contract.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.03, eff. April 1, 2021.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE G. RIVER AUTHORITIES","CHAPTER 8509. PALO DURO WATER DISTRICT","SUBCHAPTER C. BOARD OF DIRECTORS; ADMINISTRATIVE PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8509.htm#8509.0110","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"b1a39e7e2e2159e8b8dfaac914f262d7fbca7b09580f7618819314a236c549a6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8509.0109","next":"us-tx/tex.-special-district-local-laws-code-8509.0111"},"notice":"GroundRules: Original legal text. Not legal advice."}