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Texas Finance Code - FIN § 119.102. Production and Admissibility of Items of Savings Bank in Judicial Proceeding

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) In a judicial proceeding, the court may order the production of books, records, and files of a savings bank.

(b) The books, records, and files of a savings bank are not admissible as evidence in any proceeding concerning the validity of a tax assessment or the collection of delinquent taxes, penalties, and interest, unless:

(1) a stockholder or deposit account holder is a proper party to the proceeding, in which event a book, file, or record pertaining to the account of the party is admissible;  or

(2) the savings bank is a proper party to the proceeding, in which event a book, file, or record material to the proceeding is admissible.

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Cite this article: FindLaw.com - Texas Finance Code - FIN § 119.102. Production and Admissibility of Items of Savings Bank in Judicial Proceeding - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-119-102/

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