Legal Opinion

Untitled Texas Attorney General Opinion

Texas Attorney General Reports

Decided July 2, 1987No. JM-817Published

1Opinion of the Court

October 28, 1987 Mr. Robert J. Provan Opinion.No. JM-817 General Counsel Stephen F. Austin Re: Whether a state univer- State University sity may contract with a P. 0. Box 6214 corporation in which the Nacogdoches, Texas 75962 spouse of a regent owns a substantial interest Dear Mr. Provan: You state that Stephen F. Austin State University has purchased the products of a close corporation. A person recently appointed to the Board of Regents owns a .2% interest of the firm's equity without a voting interest. Her husband owns over 6% of the firm's equity and controls over 12% of its voting…

2Cases cited2 opinions

  1. Short v. United StatesDistrict Court, E.D. Texas · 1975
  2. Estate of Charles J. Wyly, Sr., Flora E. Wyly, Independent (Charles J. Wyly, Jr. And Samuel Evans Wyly Substituted in the Place and Stead of Flora E. Wyly, Independent Deceased) v. Commissioner of Internal Revenue, Estate of Winston C. Castleberry, Deceased, Republic National Bank of Dallas, Independent Cross-Appellee v. Commissioner of Internal Revenue, Cross-Appellant. Russell M. Frankel, Donald E. Woodard and Southern National Bank of Houston, as Independent Co-Executors of the Estate of Jules R. Frankel, Deceased v. United StatesCourt of Appeals for the Fifth Circuit · 1980

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