HP1227
LD 1637
Second Regular Session - 125th Maine Legislature
C "A", Filing Number H-717, Sponsored by
LR 2572
Item 2
Bill Tracking, Additional Documents Chamber Status

Amend the bill in section 3 by striking out all of paragraph O (page 1, lines 23 to 26 in L.D.) and inserting the following:

O The disclosure of the financial records of a customer for the same reasons that such disclosure is permitted for nonpublic personal information under paragraph M and the federal Gramm-Leach-Bliley Act, 15 United States Code, Section 6802(e) (2010).

summary

This amendment clarifies the bill to ensure that disclosure of financial records of a business and, in particular, business records of a sole proprietor may be made by a financial institution to protect against fraud, unauthorized transactions and other liability.


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