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Can you summarize 45 TNCO Chapter 10?
Banks And Financial Institutions > Financial Records Privacy Act
Short Summary
The Financial Records Privacy Act, also known as the ‘Financial Records Privacy Act,’ is a chapter within the Tennessee Code that governs the privacy and confidentiality of financial records. It applies to banks and financial institutions operating in Tennessee. The act ensures the confidentiality, disclosure, and reproduction of banking information, savings and loan records, and other writings or tangible objects obtained by the attorney general. The act also addresses the unlawful disclosure of savings and loan information and the preservation of records. It provides guidelines for issuing subpoenas and sets requirements for compliance with investigative summons. Additionally, the act implies amendments to previously enacted provisions related to financial records. However, specific penalties for non-compliance or violations are not mentioned in this document.
Whom does it apply to?
Banks and financial institutions operating in Tennessee
What does it govern?
Privacy and confidentiality of financial records
What are exemptions?
Specific penalties for non-compliance or violations are not mentioned in this document
What are the Penalties?
Not mentioned
Jurisdiction
Tennessee