Texas Government Code 855.003 – Eligibility
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(a) To be eligible to serve as an executive trustee a person must be a chief executive officer, chief finance officer, or other officer, executive, or department head of a participating municipality.
(b) To be eligible to serve as an employee trustee a person must be an employee of a participating municipality.
Terms Used In Texas Government Code 855.003
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Trustee: A person or institution holding and administering property in trust.
(c) Two or more trustees serving concurrently may not be employed by or serve the same municipality.
(d) A trustee is immediately disqualified from serving as a trustee if the trustee ceases to satisfy the requirements of this section.