15.311 – QUALIFICATIONS OF EMPLOYEES. A person may not be
Texas Finance Code § 15.311
Summary
This law prohibits individuals who are officers, employees, or paid consultants of Texas trade associations in the financial sector from being employed in certain executive, administrative, or professional roles. It also extends this restriction to individuals whose spouses hold such positions, ensuring compliance with federal overtime exemption criteria.
Prohibits certain trade association employees from specific job roles.
Applies to individuals and their spouses in the financial sector.
Ensures adherence to federal overtime exemption standards.
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In simple terms: Learn about Texas's QUALIFICATIONS OF EMPLOYEES. A person may not be 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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