Section 2306.498 - No Gain Allowed(a) The director or a board member may not have or attempt to have a pecuniary interest in a transaction to which the department is a party for purposes of personal pecuniary gain.(b) A board member or department employee may not purchase department bonds in the open secondary market for municipal securities.Tex. Gov't. Code § 2306.498
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.