Tex. Fin. Code § 11.1021 · Subchapter B. COMPOSITION AND OPERATION
CONFLICT OF INTEREST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "Texas trade association" means a cooperative and voluntarily joined association of business or professional competitors in this state designed to assist its members and its industry or profession in dealing with mutual business or professional problems and in promoting their common interest.
(b) A person may not be a member of the finance commission if:
(1) the person is an officer, employee, or paid consultant of a Texas trade association in an industry regulated by a finance agency; or
(2) the person's spouse is an officer, manager, or paid consultant of a Texas trade association in an industry regulated by a finance agency.
(c) A person may not be a member of the finance commission if the person is required to register as a lobbyist under Chapter 305, Government Code, because of the person's activities for compensation on behalf of a profession related to the operation of a finance agency.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 867, Sec. 4, eff. Sept. 1, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.11.htm
- Text hash
- sha256 b8c9dd79b288f0626956040dce93f889595a2463654676bef12d11c47f9b0a73
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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