Texas § FI.31.308 - SHAREHOLDER INSPECTION RIGHTS
Full text of Texas The Texas Constitution § FI.31.308 — SHAREHOLDER INSPECTION RIGHTS, with citation guidance and answers to common questions.
§ FI.31.308. SHAREHOLDER INSPECTION RIGHTS
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. 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.
Frequently Asked Questions About Texas § FI.31.308
What does The Texas Constitution § FI.31.308 cover?
Section FI.31.308 ("SHAREHOLDER INSPECTION RIGHTS") 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.31.308?
A common citation format is "The Texas Constitution § FI.31.308" (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.31.308 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.