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Commerce and Trade | |
Consumer Credit Protection Act | |
Section 201 | Security freeze. |
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13-45-201. Security freeze. (1) A consumer may place a security freeze on the consumer's credit report by: (a) making a request to a consumer reporting agency in writing by certified mail; (b) providing proper identification; and (c) paying the fee required by the consumer reporting agency in accordance with Section 13-45-204. (2) If a security freeze is in place, a consumer reporting agency may not release a consumer's credit report, or information from the credit report, to a third party that intends to use the information to determine a consumer's eligibility for credit without prior authorization from the consumer. (3) (a) Notwithstanding Subsection (2), a consumer reporting agency may communicate to a third party requesting a consumer's credit report that a security freeze is in effect on the consumer's credit report. (b) If a third party requesting a consumer's credit report in connection with the consumer's application for credit is notified of the existence of a security freeze under Subsection (3)(a), the third party may treat the consumer's application as incomplete. (4) Upon receiving a request from a consumer under Subsection (1), the consumer reporting agency shall: (a) place a security freeze on the consumer's credit report within five business days after receiving the consumer's request; (b) send a written confirmation of the security freeze to the consumer within 10 business days after placing the security freeze; and (c) provide the consumer with a unique personal identification number or password to be used by the consumer when providing authorizations for removal or temporary removal of the security freeze under Section 13-45-202. (5) A consumer reporting agency shall require proper identification of the consumer requesting to place, remove, or temporarily remove a security freeze. (6) (a) A consumer reporting agency shall develop a contact method to receive and process a consumer's request to place, remove, or temporarily remove a security freeze. (b) A contact method under Subsection (6)(a) shall include: (i) a postal address; (ii) an electronic contact method chosen by the consumer reporting agency, which may include the use of fax, Internet, or other electronic means; and (iii) the use of telephone in a manner that is consistent with any federal requirements placed on the consumer reporting agency. (7) A security freeze placed under this section may be removed only in accordance with Section 13-45-202.
Enacted by Chapter 344, 2006 General Session |
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