Sec. 2306.5543. TRAINING. (a) A person who is appointed to and qualifies for office as a member of the corporation's board of directors may not vote, deliberate, or be counted as a member in attendance at a meeting of the board 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 corporation;
(2) the programs, functions, rules, and budget of the corporation;
(3) the results of the most recent formal audit of the corporation;
(4) the requirements of laws relating to open meetings, public information, administrative procedure, and conflicts of interest; and
(5) any applicable ethics policies adopted by the corporation or the Texas Ethics Commission.
(c) A person appointed to the corporation's board of directors is entitled to reimbursement, to the same extent provided by the General Appropriations Act for a member of a state board, for the 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.
Added by Acts 2003, 78th Leg., ch. 332, Sec. 11, eff. Sept. 1, 2003.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 291 (H.B. 1818), Sec. 3, eff. September 1, 2011.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2306 - Texas Department of Housing and Community Affairs
Subchapter Y. Texas State Affordable Housing Corporation
Section 2306.5521. Sunset Provision
Section 2306.554. Board of Directors and Officers
Section 2306.5541. Terms of Members
Section 2306.5542. Removal of Members
Section 2306.5545. Conflict of Interest Policies
Section 2306.5546. Standards of Conduct
Section 2306.5547. Division of Responsibility
Section 2306.5548. Equal Employment Opportunity Policy
Section 2306.5549. Meetings of the Corporation's Board
Section 2306.5551. Board Delegation of Authority to Issue Bonds or Other Obligations
Section 2306.5552. Technical and Financial Assistance Provided to Nonprofit Organizations
Section 2306.5553. Historically Underutilized Businesses
Section 2306.5555. Public Access
Section 2306.556. Exempt From Taxation and Registration
Section 2306.557. Distribution of Earnings
Section 2306.558. Alteration and Termination
Section 2306.559. Reporting Requirements
Section 2306.5621. Homes for Texas Heroes Home Loan Program
Section 2306.563. Public Benefit Requirement
Section 2306.564. Review of Qualified 501(c)(3) Bond Issuance Policies
Section 2306.565. Issuance of Qualified Residential Rental Project Bonds; Allocation of Bond Funds
Section 2306.566. Coordination Regarding State Low Income Housing Plan
Section 2306.567. Compliance Information
Section 2306.5671. Compliance With Terms of Certain Contracts or Agreements