{"data":{"id":"us-tx/tex.-government-code-2306.498","jurisdiction":"us-tx","citation":"Tex. Government Code § 2306.498","heading":"NO GAIN ALLOWED.","body":"(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.\n(b) A board member or department employee may not purchase department bonds in the open secondary market for municipal securities.\nAdded by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.","path":["GOVERNMENT CODE","TITLE 10. GENERAL GOVERNMENT","SUBTITLE G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS","CHAPTER 2306. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS","SUBCHAPTER W. HOUSING FINANCE DIVISION BONDS: MISCELLANEOUS PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2306.htm#2306.498","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"2c9b2bc15fdd272e7b8cbae8387c7f02e8415b79aa95b756f9ac6509437fc008","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-2306.497","next":"us-tx/tex.-government-code-2306.511"},"notice":"GroundRules: Original legal text. Not legal advice."}