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Can you summarize UTCO 7-1-802?
Miscellaneous > Confidentiality of information received by department -- Availability of information. (Effective 5/10/2016)
Short Summary
This legal document governs the confidentiality and availability of information received by the department. It applies to the commissioner, the department, institutions or persons under the jurisdiction of the department, agencies or authorities that regulate the subject of the record or an affiliate of the subject of the record, federal deposit insurance agencies, officials legally authorized to investigate criminal charges, persons preparing a proposal for merging or acquiring an institution, any other person if the commissioner determines that the interests favoring disclosure outweigh the interests favoring confidentiality, and any court in a proceeding under specified sections or chapters. The document establishes that reports received or prepared by the department, information obtained from an institution or person under the jurisdiction of the department, and orders and related records of the department are confidential and not open to public inspection, with certain exceptions. These exceptions include reports of condition required by Section 7-1-318, information that is otherwise generally available to the public, and information contained in and final decisions on an application filed under specified sections or chapters, excluding proprietary information, business plans, personal financial information, and information for which the applicant requests and the commissioner grants confidentiality. The document also outlines the circumstances under which the department may disclose non-public records and information to specific entities or individuals, and the limitations on the use and further disclosure of such information. No penalties are mentioned in this document.
Whom does it apply to?
The commissioner, the department, institutions or persons under the jurisdiction of the department, agencies or authorities that regulate the subject of the record or an affiliate of the subject of the record, federal deposit insurance agencies, officials legally authorized to investigate criminal charges, persons preparing a proposal for merging or acquiring an institution, any other person if the commissioner determines that the interests favoring disclosure outweigh the interests favoring confidentiality, and any court in a proceeding under specified sections or chapters.
What does it govern?
Confidentiality of information received by department -- Availability of information
What are exemptions?
Reports of condition required by Section 7-1-318, information that is otherwise generally available to the public, information contained in and final decisions on an application filed under specified sections or chapters, excluding proprietary information, business plans, personal financial information, and information for which the applicant requests and the commissioner grants confidentiality.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Utah