Texas § 31.308 SHAREHOLDER INSPECTION RIGHTS.

Texas Statutes

§ 31.308 — SHAREHOLDER INSPECTION RIGHTS.

Texas § 31.308

Code FIFinance Code

This text of Texas § 31.308 (SHAREHOLDER INSPECTION RIGHTS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Finance Code Code Ann. § 31.308 (2026).

Text

Sec. 31.308. SHAREHOLDER INSPECTION RIGHTS.

(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.

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Sec. 31.308. SHAREHOLDER INSPECTION RIGHTS. (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.

Legislative History

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962 ), Sec. 7, eff. September 1, 2007.