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Current as of January 01, 2024 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 31.308. Shareholder Inspection Rights - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-31-308/
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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