Tex.
Agric. Code Section 80.010
Board Duties
(a)
The board shall have an annual independent audit of the books, records of account, and minutes of proceedings maintained by the corporation prepared by an independent certified public accountant or a firm of independent certified public accountants. The audit must include information for each zone in which a suppression program has been conducted under this chapter. The audit shall be filed with the board, the commissioner, and the state auditor and be made available to the public by the corporation or the commissioner. The transactions of the corporation are subject to audit by the state auditor in accordance with Chapter 321 (State Auditor), Government Code.(b)
Not later than the 45th day after the last day of the fiscal year, the board shall submit to the commissioner a report itemizing all income and expenditures and describing all activities of the corporation during the fiscal year.(c)
The corporation shall provide fidelity bonds in amounts determined by the board for employees or agents who handle money for the corporation.(d)
The corporation and the board are state agencies for the following purposes only:(1)
exemption from taxation, including exemption from sales and use taxes and taxes under Chapter 152 (Taxes on Sale, Rental, and Use of Motor Vehicles), Tax Code; and(2)
exemption from vehicle registration fees.(e)
Funds collected by the corporation are not state funds and are not required to be deposited in the state treasury. The corporation shall deposit all money collected under this chapter in a bank or other depository approved by the commissioner.(f)
The board shall collect data on the type and quantity of pesticides used in accordance with this chapter. The data shall be filed with the commissioner.(g)
All money collected under this chapter shall be used solely to finance programs approved by the commissioner as consistent with this chapter.(h)
The corporation is subject to the requirements of:(1)
the open meetings law, Chapter 551 (Open Meetings), Government Code; and(2)
the public information law, Chapter 552 (Public Information), Government Code.(i)
A board member may not vote on any matter in which the member has a direct pecuniary interest. A board member is subject to the same restrictions as a local public official under Chapter 171 (Regulation of Conflicts of Interest of Officers of Municipalities, Counties, and Certain Other Local Governments), Local Government Code.
Source:
Section 80.010 — Board Duties, https://statutes.capitol.texas.gov/Docs/AG/htm/AG.80.htm#80.010 (accessed May 4, 2024).
