Section 8888.163 - Purchase of Surplus Property(a) The authority may purchase surplus property from this state, the United States, or another public entity through a negotiated contract without bids.(b) An officer, agent, or employee of the authority who is financially interested in a contract described by Subsection (a) shall disclose the interest to the board before the board votes on the acceptance of the contract.Tex. Spec. Dist. Loc. Laws § 8888.163
Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 869,Sec. 1.04, eff. 4/1/2019.