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Tex. Transp. Code § 366.260

CERTAIN CONTRACTS AND SALES PROHIBITED

Known as the Regional Tollway Authority Act

The act spans §§ 366–366 (74 sections).

Added by Acts 1997, 75th Leg., ch. 1171, Sec. 7.24, eff

(a) A director, agent, or employee of an authority may not:

(1) contract with the authority; or

(2) be directly or indirectly interested in:

(A) a contract with the authority; or

(B) the sale of property to the authority.

(b) A person who violates Subsection (a) is liable for a civil penalty to the authority not to exceed $1,000.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.