Texas Code of Criminal Procedure - Article 59.14. Notice To Primary State And Federal Financial Institution Regulators
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Art. 59.14. NOTICE TO PRIMARY STATE AND FEDERAL FINANCIAL
INSTITUTION REGULATORS. (a) Before taking any action under this
chapter that implicates a potentially culpable officer or director
of a regulated financial institution, the attorney representing the
state shall notify the banking commissioner, who shall notify the
appropriate state or federal financial institution regulator.
(b) A state or federal financial institution regulator
shall keep confidential any information provided by the attorney
representing the state under Subsection (a).
(c) A regulator described by Subsection (b) commits an
offense if the regulator knowingly discloses information in
violation of this article. An offense under this subsection is
punishable by confinement in jail for a period not to exceed 30
days, a fine not to exceed $500, or both such confinement and fine.
(d) The provision of notice under Subsection (a) is not
considered a waiver by the state of any privilege or claim of
confidentiality.
Added by Acts 2001, 77th Leg., ch. 438, Sec. 5, eff. Sept. 1, 2001.
Article: 59.07 59.08 59.09 59.10 59.11 59.12 59.13 59.14 60.01 60.02 60.03 60.04 60.05 60.051 60.052
Last modified: August 11, 2007
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