(a) A director shall file the financial statement required of state officers under Subchapter B, Chapter 572, Government Code, with 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 Subsection (a).

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

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

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