This law prohibits certain individuals associated with Texas trade associations in public finance from holding positions on specific boards or authorities. It aims to prevent conflicts of interest by restricting those with financial ties to trade associations from influencing public finance decisions.
Prohibits trade association officers from board membership in public finance authorities.
Applies to employees exempt from the state's position classification plan.
Includes restrictions on spouses of certain officers and managers.
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In simple terms: Learn about Texas's CONFLICT OF INTEREST. (a) An officer, 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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