26 Tex. Admin. Code § 748.107

Current through Reg. 49, No. 49; December 6, 2024
Section 748.107 - What must my conflict of interest policies include?

Your conflict of interest policies must include:

(1) A code of conduct on the relationship between your operation's owners (including members of the governing body, if applicable), employees, contract service providers, children in placement, and children's families, including required parameters for entering into independent financial relationships or transactions; and
(2) For corporations or other types of business entities, a statement that the majority of the voting members of the governing body must consist of persons who do not have a conflict of interest that would potentially interfere with objective decision making. Persons who have such a conflict of interest include the following:
(A) Family members of:
(i) An officer of the governing body;
(ii) The administrator or executive director of the operation; or
(iii) Any person with a controlling interest in the entity's stock; or
(B) If the governing body is a non-profit entity, persons who benefit financially from the operation, including persons employed by or working at the operation, paid consultants, subcontractors, and vendors.

26 Tex. Admin. Code § 748.107

The provisions of this §748.107 adopted to be effective January 1, 2017, 41 TexReg 10393; transferred effective March 9, 2018, as published in the Texas Register February 16, 2018, 43 TexReg 909