(a) No two commission members may be residents of the same state senatorial district.
(b) A person may not be a member of the commission if:
(1) the person is an officer, employee, or paid consultant of a Texas trade association in the financial institutions field; or
(2) the person's spouse is an officer, manager, or paid consultant of a Texas trade association in the financial institutions field.
(c) A person may not be a member of the commission if the person is required to register as a lobbyist under Chapter 305, Government Code, because of the person's activities for compensation on behalf of a profession related to the operation of the department.
Official text of the Texas Finance Code as published by the Texas Legislative Council.