28 Tex. Admin. Code § 13.432 - Fiduciary Responsibility
A director, member of a committee, officer, or representative of an HCC who is charged with the duty of handling or investing its funds is prohibited from intentionally:
(1) depositing or investing the funds, except
in the corporate name of the HCC or in the name of a nominee of the HCC as may
be allowed elsewhere in this subchapter; or
(2) taking or receiving to his or her own use
any fee, brokerage, or commission for, or on account of, a loan made by or on
behalf of the HCC, except that the individuals referenced in this section may
receive reasonable interest on amounts loaned to the HCC.
Notes
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