126.002 – CONFIDENTIALITY OF INFORMATION. (a) Except as
Texas Finance Code § 126.002
Summary
This law establishes that information regarding the financial condition and business affairs of credit unions is confidential. It restricts the disclosure of this information, ensuring that sensitive data remains protected, except in specific circumstances outlined in the statute.
Protects financial information of credit unions from public disclosure.
Confidentiality applies to data obtained by the department.
Exceptions exist for certain disclosures as specified in subsections.
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In simple terms: Learn about Texas's CONFIDENTIALITY OF INFORMATION. (a) Except as law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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