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TITLE 1ADMINISTRATION
PART 5TEXAS FACILITIES COMMISSION
CHAPTER 115FACILITIES LEASING PROGRAM
SUBCHAPTER ASTATE LEASED PROPERTY
RULE §115.8Use of Private Firms to Obtain Space

(a) Any entity that provides lease services to the Commission shall immediately disclose any conflict of interest in a transaction to all parties and shall withdraw from all matters related to the conflict. Final determination of a conflict of interest shall be made by the Commission.

(b) No broker, real estate firm, tenant representative or entity representing the state as an agent in a leasing matter may, during the term of the agency, simultaneously represent, participate or profit from the actions of buyers, sellers, owners or any other entity that possesses an interest in any lease in which the Commissioner is the lessor.


Source Note: The provisions of this §115.8 adopted to be effective March 14, 2004, 29 TexReg 2294; amended to be effective August 5, 2008, 33 TexReg 6131

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