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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The books and records of a savings bank may be examined only by:
(1) the commissioner or the commissioner's representative in accordance with Sections 96.054-96.057;
(2) a person authorized to act for the savings bank;
(3) an agent of a governmental agency that has insured the deposit accounts of the savings bank;
(4) a borrower or deposit account holder of the savings bank, in accordance with Subsection (b); or
(5) for a capital stock savings bank, a stockholder of the capital stock savings bank, in accordance with Subsection (c).
(b) A borrower or deposit account holder of a savings bank is entitled to examine only the books and records of the savings bank that relate to the person's loan or deposit account.
(c) A stockholder of a capital stock savings bank has the same right to examine the relevant books and records of a savings bank as a shareholder of a business corporation under the Texas Business Corporation Act.
(d) A person is entitled to a partial or complete list of the stockholders of a stock savings bank or of the members of a mutual savings bank only if expressly permitted by the board of directors of the savings bank.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 119.101. Access to Books and Records of Savings Bank - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-119-101/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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