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1 | 1 | 84R7618 DDT-F | |
2 | 2 | By: Creighton S.B. No. 926 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to the compelled production of certain customer records by | |
8 | 8 | a financial institution. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Section 59.006, Finance Code, is amended by | |
11 | 11 | adding Subsection (b-1) to read as follows: | |
12 | 12 | (b-1) If the requesting party has not paid a financial | |
13 | 13 | institution's costs or posted a cost bond as required by Subsection | |
14 | 14 | (b)(2), a court may not: | |
15 | 15 | (1) order the financial institution to produce a | |
16 | 16 | record in response to the record request; or | |
17 | 17 | (2) find the financial institution to be in contempt | |
18 | 18 | of court for failing to produce the record. | |
19 | 19 | SECTION 2. The changes in law made by this Act apply only to | |
20 | 20 | a record request submitted on or after the effective date of this | |
21 | 21 | Act. A record request submitted before the effective date of this | |
22 | 22 | Act is governed by the law in effect on the date the request was | |
23 | 23 | submitted, and the former law is continued in effect for that | |
24 | 24 | purpose. | |
25 | 25 | SECTION 3. This Act takes effect September 1, 2015. |