 |
Texas Statutes (Last Updated: January 4, 2014) |
 |
FINANCE CODE |
|
Title 2. FINANCIAL REGULATORY AGENCIES |
|
Chapter 15. CREDIT UNION COMMISSION AND DEPARTMENT |
|
Subchapter C. COMPOSITION OF COMMISSION |
Sec. 15.2041. TRAINING PROGRAM
-
(a) A person who is appointed to and qualifies for office as a member of the commission may not vote, deliberate, or be counted as a member in attendance at a meeting of the commission until the person completes a training program that complies with this section.
(b) The training program must provide the person with information regarding:
(1) the legislation that created the department;
(2) the programs, functions, rules, and budget of the department;
(3) the results of the most recent formal audit of the department;
(4) the requirements of laws relating to open meetings, public information, administrative procedure, and conflicts of interest;
(5) any applicable ethics policies adopted by the department or the Texas Ethics Commission; and
(6) the basic principles and responsibilities of credit union management.
(c) A person appointed to the commission is entitled to reimbursement under Section 15.207, as if the person were a member of the commission, for travel expenses incurred in attending the training program, regardless of whether the attendance at the program occurs before or after the person qualifies for office.