| SB 0329 | Prohibits release of financial information by financial institutions |
| Sponsor: | Yeckel | |||
| LR Number: | 1306S.03I | Fiscal Note: | 1306-03 | |
| Committee: | ||||
| Last Action: | 01/30/01 - Bill Withdrawn | Journal page: | S170 | |
| Title: | ||||
| Effective Date: | Emergency Clause | |||
SB 329 - This act prohibits any person from disclosing "nonpublic private information" to a third party. The state agencies regulating financial institutions have rulemaking authority to carry out this provision. Any rule created cannot be more restrictive than those in Title V of the Gramm-Leach- Bliley Act of 1999.
Any challenges to the rules created under this section will be filed in Cole County Circuit Court.
This act has an emergency clause.
JULIA SOMMER GRUS