|SB 0329||Prohibits release of financial information by financial institutions|
|LR Number:||1306S.03I||Fiscal Note:||1306-03|
|Last Action:||01/30/01 - Bill Withdrawn||Journal page:||S170|
|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