Texas § NR.81.01013 - CONFLICT OF INTEREST

§ NR.81.01013. CONFLICT OF INTEREST

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 an employee of the commission 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 a business or industry regulated by the commission; or (2) the person's spouse is an officer, manager, or paid consultant of a Texas trade association in a business or industry regulated by the commission. (c) A person who is required to register as a lobbyist under Chapter 305 , Government Code, may not act as the general counsel to the commission. (d) The commission shall provide to commissioners and to agency employees, as often as necessary, information regarding the requirements for office or employment under this chapter, including information regarding a person's responsibilities under applicable laws relating to standards of conduct for state officers or employees. Added by Acts 2009, 81st Leg., R.S., Ch. 85 (S.B. 1540 ), Sec. 3.02, eff. April 1, 2011.