Texas Utilities Code - Section 13.042. Conflict Of Interest
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§ 13.042. 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 serve as counsellor or be an employee of
the office 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
the person is:
(1) an officer, employee, or paid consultant of a
Texas trade association in the field of utilities; or
(2) the spouse of an officer, manager, or paid
consultant of a Texas trade association in the field of utilities.
(c) A person may not serve as counsellor or act as the
general counsel to the office if the person is required to register
as a lobbyist under Chapter 305, Government Code, because of the
person's activities for compensation on behalf of a profession
related to the operation of the office.
Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997. Amended
by Acts 2005, 79th Leg., ch. 300, § 4, eff. Sept. 1, 2005.
Section: 13.006 13.007 13.021 13.022 13.023 13.024 13.041 13.042 13.043 13.044 13.045 13.046 13.061 13.062 13.063
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Last modified: August 10, 2007
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