Sec. 31.308. SHAREHOLDER INSPECTION RIGHTS. (a) Notwithstanding Section 21.218 or 101.502, Business Organizations Code, a shareholder of a state bank may not examine:
(1) a report of examination or other confidential property of the department that is in the possession of the state bank; or
(2) a book or record of the state bank that directly or indirectly pertains to financial or other information maintained by the bank on behalf of its customers, including a specific item in the minutes of the board or a committee of the board regarding loan review and approval or a loan delinquency report that would tend to identify the bank's customer.
(b) This section does not affect a right of a shareholder of a state bank acting in another capacity.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962), Sec. 7, eff. September 1, 2007.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 31 - General Provisions
Subchapter D. Confidentiality of Information
Section 31.301. Disclosure by Department Prohibited
Section 31.3015. Disclosure to State Banks
Section 31.302. Disclosure to Finance Commission
Section 31.303. Disclosure to Other Agencies
Section 31.304. Other Disclosure Prohibited; Penalty
Section 31.305. Civil Discovery
Section 31.306. Investigative Information