Sec. 846.107.  RECEIPT OF THING OF VALUE;  CRIMINAL PENALTY.  (a)  A board member, officer, or employee of a multiple employer welfare arrangement may not, knowingly and intentionally, directly or indirectly:
(1)  receive money or another valuable thing for negotiating, procuring, recommending, or aiding in:
(A)  a purchase by or sale to the arrangement of property;  or
(B)  a loan from the arrangement;  or
(2)  be pecuniarily interested as a principal, coprincipal, agent, or beneficiary in a purchase, sale, or loan described by Subdivision (1).
(b)  A person commits an offense if the person violates this section.  An offense under this subsection is a felony of the third degree.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.