Texas Labor Code - Section 402.00124. Conflict Of Interest
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§ 402.00124. CONFLICT OF INTEREST. (a) In this section,
"Texas trade association" means a cooperative and voluntarily
joined statewide 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 the commissioner and may not be a
division 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.) if:
(1) the person is an officer, employee, or paid
consultant of a Texas trade association in the field of workers'
compensation; or
(2) the person's spouse is an officer, manager, or paid
consultant of a Texas trade association in the field of workers'
compensation.
Added by Acts 2005, 79th Leg., ch. 265, § 1.004, eff. Sept. 1,
2005.
Section: 402.00117 402.00118 402.00119 402.00120 402.00121 402.00122 402.00123 402.00124 402.00125 402.00126 402.00127 402.00128 402.002 402.021 402.0215
Last modified: August 10, 2007
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