Tex. Fin. Code § 31.301 · Subchapter D. CONFIDENTIALITY OF INFORMATION
DISCLOSURE BY DEPARTMENT PROHIBITED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
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 of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.31.htm
- Text hash
- sha256 4e38ba622dacd3655161c4865712ea2fb051704f7076808a6d9d2a7c90609397
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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