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February 19, 1999
Mr. President:
The Judiciary Committee reports a favorable recommendation on S.B. 148, PRIVACY OF FINANCIAL RECORDS, by Senator K. Hale, with the following amendments:
1. Page 1, Line 15: After line 15 insert:
" 78-27-49, as enacted by Chapter 143, Laws of Utah 1977"
2. Page 8, Line 244: After line 244 insert:
"Section 6. Section 78-27-49 is amended to read:
78-27-49. Financial information privacy -- Admissibility of information restricted.
[
(2) This section does not apply in any action :
(a) between the financial institution and the person otherwise entitled to notice ; or [
(b) in which it is claimed that the financial institution has been the victim of fraud, embezzlement or any other criminal act committed by the person otherwise entitled to notice."
Renumber remaining sections accordingly.
3. Page 9, Line 248: After "through" delete "78-27-50" and insert "78-27-47"
4. Page 10, Line 285: After "obtains a" delete "protected"
Respectfully,
Terry Spencer
Committee Chair
Voting: 4-0-2
3 Sb0148.sc2 bbrinton/JDH PO/MCP 8:37 AM
Bill Number
Action Code
*SB0148*
*SCRAMD*
SB0148
SCRAMD