Sec. 181.307. EMPLOYMENT INFORMATION. (a) A person may provide employment information concerning the known or suspected involvement of a present or former employee, officer, or director of a state trust company in a violation of any state or federal law, rule, or regulation that has been reported to appropriate state or federal authorities to:
(1) a state trust company; or
(2) a person providing employment information to a state trust company.
(b) A person may not be held liable for providing information under Subsection (a) unless the information provided is false and the person provided the information with disregard for the truth.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 181 - General Provisions
Subchapter D. Confidentiality of Information
Section 181.301. Disclosure by Department Prohibited
Section 181.3015. Disclosure to State Trust Companies
Section 181.302. Disclosure to Finance Commission
Section 181.303. Disclosure to Other Agencies
Section 181.304. Other Disclosure Prohibited; Penalty
Section 181.305. Civil Discovery
Section 181.306. Investigative Information