Texas Finance Code - FIN § 31.308. Shareholder Inspection Rights

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(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 April 14, 2021 | https://codes.findlaw.com/tx/finance-code/fin-sect-31-308/


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