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Can you summarize WVCO Chapter 31A, Article 2A?
BANKS AND BANKING. > MAXWELL GOVERNMENTAL ACCESS TO FINANCIAL RECORDS ACT.
Short Summary
The MAXWELL GOVERNMENTAL ACCESS TO FINANCIAL RECORDS ACT governs the access and obtaining of financial records by state entities in West Virginia. It outlines the circumstances under which state entities can access financial records of customers held by financial institutions. These circumstances include written authorization from the customer, disclosure in response to a court order or subpoena, disclosure authorized by the state entity acting as guardian, conservator, administrator, or executor, disclosure in connection with civil or criminal proceedings involving a state entity, disclosure to law enforcement officers in criminal investigations, and disclosure as required or permitted by state or federal law. The document also prohibits the disclosure of financial records obtained under this act to other state entities or unauthorized persons, except in certain cases such as when the records are public documents or when disclosure is necessary for a lawful proceeding, investigation, examination, or inspection by a state entity. The document specifies that financial records obtained under this act are not subject to disclosure under another provision of the West Virginia Code. The penalties for non-compliance or violation of the provisions are not specified in the document.
Whom does it apply to?
State or local law enforcement, prosecutors, or governmental entities in West Virginia
What does it govern?
Access and obtaining of financial records by state entities in West Virginia
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned in the document.
Jurisdiction
West Virginia