Texas § 1001.028 CONFLICT OF INTEREST.

Texas Statutes

§ 1001.028 — CONFLICT OF INTEREST.

Texas § 1001.028

Code TNTransportation Code

This text of Texas § 1001.028 (CONFLICT OF INTEREST.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Transportation Code Code Ann. § 1001.028 (2026).

Text

Sec. 1001.028. CONFLICT OF INTEREST.

(a)A member of the board shall disclose in writing to the executive director if the member has an interest in a matter before the board or has a substantial financial interest in an entity that has a direct interest in the matter.

(b)The member shall recuse himself or herself from the board's deliberations and actions on the matter in Subsection (a) and may not participate in the board's decision on the matter.

(c)A person has a substantial financial interest in an entity if the person:

(1)is an employee, member, director, or officer of the entity; or

(2)owns or controls, directly or indirectly, more than a five percent interest in the entity.

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Sec. 1001.028. CONFLICT OF INTEREST. (a) A member of the board shall disclose in writing to the executive director if the member has an interest in a matter before the board or has a substantial financial interest in an entity that has a direct interest in the matter.
(b) The member shall recuse himself or herself from the board's deliberations and actions on the matter in Subsection (a) and may not participate in the board's decision on the matter.
(c) A person has a substantial financial interest in an entity if the person:
(1) is an employee, member, director, or officer of the entity; or
(2) owns or controls, directly or indirectly, more than a five percent interest in the entity.