(a) A director shall file the financial statement required of state officers under Subchapter B, Chapter 572, Government Code, with:
(1) the board; and
(2) the Texas Ethics Commission.
(b) Subchapter B, Chapter 572, Government Code:
(1) applies to a director as if the director were a state officer; and
(2) governs the contents, timeliness of filing, and public inspection of a statement filed under this section.

Attorney's Note

Under the Texas Codes, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
Class B misdemeanorup to 180 daysup to $2,000
For details, see Texas Penal Code § 12.22

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(c) A director commits an offense if the director fails to file the statement required by this section. An offense under this section is a Class B misdemeanor.