Maine § 9-B §162 Disclosure of financial records prohibited; exceptions

Maine Statutes

§ 9-B §162 — Disclosure of financial records prohibited; exceptions

Maine·Title 9-B FINANCIAL INSTITUTIONS·Part 1 GENERAL PROVISIONS·Ch. 16 CONFIDENTIAL FINANCIAL RECORDS

A financial institution authorized to do business in this State or credit union authorized to do business in this State or its affiliates may not disclose to any person, except to the customer or the customer's duly authorized agent, any financial records relating to that customer of that financial institution or credit union unless:

1.Authorized disclosure. The customer has authorized disclosure to the person;

2.Disclosure in response to legal process. The financial records are disclosed in response to a lawful subpoena, summons, warrant or court order that meets the requirements of section 163;

3.Disclosure in response to a request by the Department of Health and Human Services. The financial records are disclosed in response to a request for information by the Department of Health an

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A financial institution authorized to do business in this State or credit union authorized to do business in this State or its affiliates may not disclose to any person, except to the customer or the customer's duly authorized agent, any financial records relating to that customer of that financial institution or credit union unless:
1.
Authorized disclosure.
The customer has authorized disclosure to the person;
2.
Disclosure in response to legal process.
The financial records are disclosed in response to a lawful subpoena, summons, warrant or court order that meets the requirements of section 163;
3.
Disclosure in response to a request by the Department of Health and Human Services.
The financial records are disclosed in response to a request for information by the Department of Health and Human Services for purposes related to establishing, modifying or enforcing a child support order;
4.
Disclosure in response to a request by the Department of Labor.
The financial records are disclosed in response to a notice of levy issued by the Department of Labor pursuant to Title 26, section 1233;
5.
Disclosure to the Department of Health and Human Services upon suspicion of financial exploitation.
The financial records are disclosed to the Department of Health and Human Services pursuant to Title 22, section 3479 because a financial institution authorized to do business in this State or its affiliate or a credit union authorized to do business in this State or its affiliate has reasonable cause to suspect that an incapacitated or dependent adult has been or is at substantial risk of abuse, neglect or exploitation;
5-A.
Disclosure upon suspicion of financial exploitation.
The financial records are disclosed to the Office of the Attorney General or a law enforcement agency pursuant to section 245 because a financial institution authorized to do business in this State or its affiliate or a credit union authorized to do business in this State or its affiliate has reasonable cause to believe that a disbursement requested by an individual 62 years of age or older may result in financial exploitation of that person;
6.
Disclosure in response to a request by the Department of Administrative and Financial Services, Bureau of Revenue Services.
The financial records are disclosed in response to a request for information by the Department of Administrative and Financial Services, Bureau of Revenue Services for purposes related to establishing, modifying or enforcing tax debts; or
7.
Disclosure of notice of mortgagor’s right to cure.
The financial records pertain to a notice of mortgagor’s right to cure and are disclosed to the Bureau of Consumer Credit Protection pursuant to Title 14, section 6111, subsection 3‑A.

Maine § 9-B §162 (Disclosure of financial records prohibited; exceptions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

PL 1977, c. 416 (NEW). PL 1997, c. 537, §1 (AMD). PL 1997, c. 537, §62 (AFF). PL 2001, c. 211, §§1,2 (AMD). PL 2001, c. 262, §B4 (AMD). PL 2003, c. 689, §B6 (REV). PL 2007, c. 108, §§1-3 (AMD). PL 2009, c. 213, Pt. AAAA, §§2-4 (AMD). PL 2009, c. 402, §8 (AMD). PL 2025, c. 215, §§1-3 (AMD).