Texas Vernon's Texas Civil Statutes - Article 581-2-1. Conflict Of Interest

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Art. 581-2-1. CONFLICT 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 Board and may not be a 
Board 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 a field regulated by the Board;  or
	(2)  the person's spouse is an officer, manager, or paid 
consultant of a Texas trade association in a field regulated by the 
Board.
	C. A person may not be a member of the Board or act as the 
general counsel to the Board 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 Board. 

Added by Acts 2001, 77th Leg., ch. 1091, Sec. 1.02, eff. Sept. 1, 
2001.     

Last modified: August 10, 2007