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2000 SESSION
SB 602 Consumers' Financial Privacy Protection Act; created.
Introduced by: Leslie L. Byrne | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Consumers’ Financial Privacy Protection Act. Limits the authority of a financial institution to disclose personal information about its customers. No financial institution shall disclose any personal information of any customer without written consent of the consumer, except when necessary to effect a transaction, to protect the institution’s confidentiality, to provide information to rating agencies, and to comply with law. Every financial institution must disclose to the consumer its policies and practices regarding maintaining confidentiality, and disclosure, of personal information.
FULL TEXT
HISTORY
- 01/24/00 Senate: Presented & ordered printed 005627406
- 01/24/00 Senate: Referred to Committee on Commerce and Labor
- 02/03/00 Senate: Assigned to C. & L. sub-committee: #2
- 02/14/00 Senate: Continued to 2001 in Commerce and Labor (12-Y 1-N)