Texas § 501.053 BUSINESS INTEREST; SERVICE AS PUBLIC COUNSEL.

Texas Statutes

§ 501.053 — BUSINESS INTEREST; SERVICE AS PUBLIC COUNSEL.

Texas § 501.053

Code INInsurance Code

This text of Texas § 501.053 (BUSINESS INTEREST; SERVICE AS PUBLIC COUNSEL.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Insurance Code Code Ann. § 501.053 (2026).

Text

Sec. 501.053. BUSINESS INTEREST; SERVICE AS PUBLIC COUNSEL. A person is not eligible for appointment as public counsel if the person or the person's spouse:

(1)is employed by or participates in the management of a business entity or other organization regulated by or receiving funds from the department;

(2)owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization regulated by or receiving funds from the department or the office; or

(3)uses or receives a substantial amount of tangible goods, services, or funds from the department or the office, other than compensation or reimbursement authorized by law for department or office membership, attendance, or expenses.

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Sec. 501.053. BUSINESS INTEREST; SERVICE AS PUBLIC COUNSEL. A person is not eligible for appointment as public counsel if the person or the person's spouse:
(1) is employed by or participates in the management of a business entity or other organization regulated by or receiving funds from the department;
(2) owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization regulated by or receiving funds from the department or the office; or
(3) uses or receives a substantial amount of tangible goods, services, or funds from the department or the office, other than compensation or reimbursement authorized by law for department or office membership, attendance, or expenses.