- (a) If a member, agent, or employee of the Texas Historical Commission has a conflict of interest in any transaction involving the selection, award, or administration of historic preservation funds, state historic preservation grants, or museum grants, he or she may not participate in a vote, discussion, or decision about the matter.
(b) A person has a conflict of interest in such a transaction if a financial benefit as a result of such a transaction is likely to be received by any of the following:
- (1) the person; or
- (2) any member of the person's immediately family, which includes spouse and any minor children; or
- (3) a business partner of the person; or
- (4) any organization for profit in which the person or any persons of paragraphs (2) and (3), of this subsection is serving or is about to serve as an officer, director, trustee, partner, or employee.
- (c) A financial benefit includes, but is not limited to, grant money, contract, subcontract, royalty, commission, contingency, brokerage fee, gratuity, favor, or any other thing of monetary value.
Source Note:The provisions of this §11.7 adopted to be effective December 31, 1984, 9 TexReg 6315; amended to be effective July 9, 1996, 21 TexReg 5971.