15.202 – GENERAL QUALIFICATIONS OF COMMISSION MEMBERS. (a)
Texas Finance Code § 15.202
Summary
This law outlines the qualifications for members of the commission, ensuring diversity in representation by prohibiting multiple members from the same senatorial district. It also disqualifies individuals with certain financial industry affiliations or those related to such individuals from serving on the commission.
No two members can reside in the same senatorial district.
Members cannot be affiliated with Texas trade associations in finance.
Spousal affiliations with financial trade associations disqualify members.
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In simple terms: Learn about Texas's GENERAL QUALIFICATIONS OF COMMISSION MEMBERS. (a) 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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