Texas § FI.31.301 - DISCLOSURE BY DEPARTMENT PROHIBITED
Full text of Texas The Texas Constitution § FI.31.301 — DISCLOSURE BY DEPARTMENT PROHIBITED, with citation guidance and answers to common questions.
§ FI.31.301. DISCLOSURE BY DEPARTMENT PROHIBITED
DISCLOSURE BY DEPARTMENT PROHIBITED. (a) Except as expressly provided otherwise by this subtitle, Chapter 11 or 12 , or a rule adopted under this subtitle, the following are confidential and may not be disclosed by the banking commissioner or an employee of the department: (1) information directly or indirectly obtained by the department in any manner, including an application or examination, concerning the financial condition or business affairs of a financial institution, a present, former, or prospective shareholder, officer, director, or affiliate of a financial institution, or a third-party service provider of a financial institution or its affiliate, other than information in a published statement or in the public portion of a call report or profit and loss statement; and (2) all related files and records of the department. (b) Information obtained by the department from a federal or state regulatory agency that is confidential under federal or state law may not be disclosed except as provided by federal or state law. (c) The banking commissioner or an officer or employee of the department commits an offense if the person: (1) discloses information or permits access to a file or record of the department; and (2) knows at the time of disclosure or permission that the disclosure or permission violates this subchapter. (d) An offense under this section is a Class A misdemeanor. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 412, Sec. 2.05, eff. Sept. 1, 2001. Amended by: Acts 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962 ), Sec. 6, eff. September 1, 2007. Acts 2017, 85th Leg., R.S., Ch. 599 (S.B. 1401 ), Sec. 3, eff. September 1, 2017.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.31.301
What does The Texas Constitution § FI.31.301 cover?
Section FI.31.301 ("DISCLOSURE BY DEPARTMENT PROHIBITED") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.31.301?
A common citation format is "The Texas Constitution § FI.31.301" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.31.301 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.