Tex. Gov't Code § 1232.052 · Subchapter B. TEXAS PUBLIC FINANCE AUTHORITY
COMPOSITION OF GOVERNING BOARD.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The authority is governed by a board of directors composed of seven members appointed by the governor with the advice and consent of the senate.
(b) A person is not eligible for appointment as a member of the board if the person or the person's spouse:
(1) is employed by or participates in the management of a business entity or other organization receiving funds from the authority;
(2) owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization receiving funds from the authority; or
(3) uses or receives a substantial amount of tangible goods, services, or funds from the authority, other than compensation or reimbursement authorized by law for board membership, attendance, or expenses.
(c) Appointments to the board shall be made without regard to the race, color, disability, sex, religion, age, or national origin of the appointees.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 646, Sec. 2, 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/GV/htm/GV.1232.htm
- Text hash
- sha256 af3188b4f675a26060c612a717903fbf895d8f6dde5b839d572d0f7f4e1b6565
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.