Tex.
Spec. Dist. Local Laws Code Section 1084.053
Qualifications for Office
(a)
A person may not be elected or appointed to an elected position on the board unless the person is:(1)
a resident of the district; and(2)
a qualified voter.(b)
In addition to the requirements prescribed by Subsection (a), a person is not eligible to serve as a director if the person:(1)
directly or indirectly has an ownership or investment interest in a health care facility located in Palo Pinto County; or(2)
directly or in conjunction with another person or entity has an ownership interest in another business or entity that:(A)
is related to health care; and(B)
provides a good or service to the area served by the district that is the same as or substantially similar to a good or service provided by the district.(c)
Subsection (b) does not apply to:(1)
an ownership or investment interest in publicly available shares of a registered investment company, such as a mutual fund, that owns publicly traded equity securities or debt obligations issued by:(A)
a health care facility;(B)
a business or entity described by Subsection (b); or(C)
an entity that owns the health care facility, business, or entity; or(2)
a physician’s ownership interest in the physician’s own medical practice.
Source:
Section 1084.053 — Qualifications for Office, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1084.htm#1084.053 (accessed May 26, 2025).
