123.0311 – DISCLOSURE OF RELATED ENTITIES. (a) A contract
Texas Election Code § 123.0311
Summary
This law requires vendors supplying voting system equipment to disclose any individuals or entities with a significant ownership stake. It aims to ensure transparency in the procurement process for voting equipment, affecting vendors and election officials involved in these contracts.
Vendors must disclose owners with 5% or greater interest.
Applies to contracts for equipment acquired after September 1, 2021.
Enhances transparency in voting system procurement.
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In simple terms: Learn about Texas's DISCLOSURE OF RELATED ENTITIES. (a) A contract law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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