Texas § 15.208 MATTER IN WHICH COMMISSION MEMBER HAS PERSONAL INTEREST.

Texas Statutes

§ 15.208 — MATTER IN WHICH COMMISSION MEMBER HAS PERSONAL INTEREST.

Texas § 15.208

Code FIFinance Code

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Bluebook

Tex. Finance Code Code Ann. § 15.208 (2026).

Text

Sec. 15.208. MATTER IN WHICH COMMISSION MEMBER HAS PERSONAL INTEREST.

(a)A commission member may not act on a matter under the commission's consideration that directly affects a credit union of which the member is an officer, director, or member.

(b)The commission shall adopt rules relating to recusal of members, requiring that a member who has a personal or private interest in a measure, proposal, or decision pending before the commission shall publicly disclose the fact to the commission at a meeting held in compliance with Chapter 551 , Government Code. The member may not vote or otherwise participate in the decision. The disclosure shall be entered into the minutes of the meeting.

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Sec. 15.208. MATTER IN WHICH COMMISSION MEMBER HAS PERSONAL INTEREST. (a) A commission member may not act on a matter under the commission's consideration that directly affects a credit union of which the member is an officer, director, or member.
(b) The commission shall adopt rules relating to recusal of members, requiring that a member who has a personal or private interest in a measure, proposal, or decision pending before the commission shall publicly disclose the fact to the commission at a meeting held in compliance with Chapter 551 , Government Code. The member may not vote or otherwise participate in the decision. The disclosure shall be entered into the minutes of the meeting.