Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 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.Amended By Acts 2007, 80th Leg., R.S., Ch. 237, Sec. 7, eff. 9/1/2007. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.