Sec. 855.003. ELIGIBILITY. (a) To be eligible to serve as an executive trustee a person must be a chief executive officer, chief finance officer, or other officer, executive, or department head of a participating municipality.
(b) To be eligible to serve as an employee trustee a person must be an employee of a participating municipality.
(c) Two or more trustees serving concurrently may not be employed by or serve the same municipality.
(d) A trustee is immediately disqualified from serving as a trustee if the trustee ceases to satisfy the requirements of this section.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 65.003 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.
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