Sec. 183.108. CERTAIN CRIMINAL OFFENSES. (a) An officer, director, manager, managing participant, employee, shareholder, or participant of a state trust company commits an offense if the person knowingly:
(1) conceals information or removes, destroys, or conceals a book or record of the state trust company for the purpose of concealing information from the banking commissioner or an agent of the banking commissioner; or
(2) for the purpose of concealing, removes or destroys any book or record of the state trust company that is material to a pending or anticipated legal or administrative proceeding.
(b) An officer, director, manager, managing participant, or employee of a state trust company commits an offense if the person knowingly makes a false entry in a book, record, report, or statement of the state trust company.
(c) An offense under this section is a felony of the third degree.
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 183 - Ownership and Management of State Trust Company
Subchapter B. Board and Officers
Section 183.101. Voting Securities Held by Trust Company
Section 183.103. Board of Directors, Managers, or Managing Participants
Section 183.104. Advisory Director or Advisory Manager
Section 183.105. Required Quarterly Board Meeting
Section 183.107. Limitation on Action of Officer or Employee in Relation to Asset or Liability
Section 183.108. Certain Criminal Offenses
Section 183.109. Transactions With Management and Affiliates
Section 183.110. Fiduciary Responsibility
Section 183.111. Recordkeeping