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Texas Government Code - Section 497.0521. Conflicts Of Interest

Legal Research Home > Texas Laws > Government Code > Texas Government Code - Section 497.0521. Conflicts Of Interest

§ 497.0521. CONFLICTS OF INTEREST.  (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 authority and may not 
be an authority employee employed in a "bona fide executive, 
administrative, or professional capacity," as that phrase is used 
for purposes of establishing an exemption to the overtime 
provisions of the federal Fair Labor Standards Act of 1938 (29 
U.S.C. Section 201 et seq.) and its subsequent amendments, if:
		(1)  the person is an officer, employee, or paid 
consultant of a Texas trade association in the field of private 
sector prison industries;  or
		(2)  the person's spouse is an officer, manager, or paid 
consultant of a Texas trade association in the field of private 
sector prison industries.
	(c)  A person may not be a member of the authority or act as 
the general counsel to the authority if the person is required to 
register as a lobbyist under Chapter 305 because of the person's 
activities for compensation on behalf of a profession related to 
the operation of the authority.

Added by Acts 1999, 76th Leg., ch. 1188, § 2.02, eff. Sept. 1, 
1999.     

Last modified: August 11, 2007