Tex. Local Government Code § 271.902
This is the official text of Tex. Local Government Code § 271.902, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 271.902. PROHIBITION OF CONFLICT OF INTEREST IN PURCHASE BY MUNICIPALITY OR COUNTY FROM COOPERATIVE ASSOCIATIONS.
Official statutory text
If a member of the governing body or an appointed board or commission of a municipality or county belongs to a cooperative association, the municipality or county may purchase equipment or supplies from the association only if no member of the governing body, board, or commission will receive a pecuniary benefit from the purchase, other than as reflected in an increase in dividends distributed generally to members of the association.
Status: in_force · Read it on the official government site
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