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Can you summarize WYST 40-12-501?
CREDIT FREEZE REPORTS > Definitions
Short Summary
This legal document pertains to consumer protection in relation to credit freeze reports in the state of Wyoming. It defines various terms such as ‘breach of the security of the data system’, ‘consumer’, ‘consumer reporting agency’, ‘credit report’, ‘creditor’, ‘financial institution’, ‘personal identifying information’, ‘redact’, ‘security freeze’, and ‘substitute notice’. The document specifies that the breach of the security of the data system refers to the unauthorized acquisition of personal identifying information that compromises its security, confidentiality, or integrity and causes loss or injury to a resident of Wyoming. It also outlines the definition of a consumer, consumer reporting agency, credit report, creditor, financial institution, and personal identifying information. The document further explains the concept of redaction and security freeze. It states that personal identifying information does not include information from government records or widely distributed media available to the general public. The document does not specify any penalties for non-compliance or violations. Overall, this document provides the necessary definitions and concepts related to consumer protection and credit freeze reports in Wyoming.
Whom does it apply to?
Residents of Wyoming
What does it govern?
Consumer protection in relation to credit freeze reports
What are exemptions?
Information contained in government records or widely distributed media available to the general public
What are the Penalties?
Not specified
Jurisdiction
Wyoming