Tex. Finance Code § 31.308
SHAREHOLDER INSPECTION RIGHTS
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 31.308, SHAREHOLDER INSPECTION RIGHTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645040
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Full text
(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.