Texas Insurance Code - Section 501.102. Trade Associations
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§ 501.102. TRADE ASSOCIATIONS. (a) In this section,
"trade association" means a nonprofit, cooperative, and
voluntarily joined association of business or professional
competitors 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 serve as public counsel or be an
employee of the office who is exempt from the state's position
classification plan or is compensated at or above the amount
prescribed by the General Appropriations Act for step 1, salary
group A17, of the position classification salary schedule if the
person is:
(1) an officer, employee, or paid consultant of a
trade association in the field of insurance; or
(2) the spouse of an officer, manager, or paid
consultant of a trade association in the field of insurance.
Added by Acts 2003, 78th Leg., ch. 1274, § 2, eff. April 1, 2005.
Section: 501.051 501.052 501.053 501.054 501.055 501.056 501.101 501.102 501.103 501.104 501.105 501.151 501.152 501.153 501.154
Last modified: August 10, 2007
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