South Carolina § 34-30-590 Confidentiality of records or information; disclosure of specific information; exchange of information; violations by state officials, liability; copy fees.

South Carolina Statutes

§ 34-30-590 — Confidentiality of records or information; disclosure of specific information; exchange of information; violations by state officials, liability; copy fees.

South Carolina·Title 34 BANKING, FINANCIAL INSTITUTIONS AND MONEY·Ch. 30 STATE SAVINGS BANK

(A)The following records or information of the board, or its agents, are confidential and must not be disclosed:

(1)information obtained or compiled in preparation of or anticipation of, or during an examination, audit, or investigation of any association;

(2)information reflecting the specific collateral given by a named borrower, the specific amount of stock owned by a named stockholder, a stockholder list supplied to the board under Section 34-30-170, or specific deposit accounts held by a named member or customer;

(3)information obtained, prepared, or compiled during or as a result of an examination, audit, or investigation of a state savings bank by an agency of the United States;

(4)information and reports submitted by state savings banks to federal regulatory agencies;

(5)info

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(A) The following records or information of the board, or its agents, are confidential and must not be disclosed: (1) information obtained or compiled in preparation of or anticipation of, or during an examination, audit, or investigation of any association; (2) information reflecting the specific collateral given by a named borrower, the specific amount of stock owned by a named stockholder, a stockholder list supplied to the board under Section 34-30-170, or specific deposit accounts held by a named member or customer; (3) information obtained, prepared, or compiled during or as a result of an examination, audit, or investigation of a state savings bank by an agency of the United States; (4) information and reports submitted by state savings banks to federal regulatory agencies; (5) information and records regarding complaints from the public received by the board that concern state savings banks when the complaint could result in an investigation, except to the management of those state savings banks; and (6) other letters, reports, memoranda, recordings, charts, documents, or records that disclose information of which disclosure is prohibited in this subsection. (B) A court of competent jurisdiction may order the disclosure of specific information. (C) Nothing in this section prevents the exchange of information relating to state savings banks and their business with the representatives of the agencies of this State, other states, or of the United States, or with reserve or insuring agencies for state savings banks. The private business and affairs of an individual or company must not be disclosed by a person employed by the board, a member of the board, or by a person with whom information is exchanged under the authority of this subsection. (D) An official employee of this State violating this section is liable to a person injured by disclosure of the confidential information for all damages sustained. Penalties provided are not exclusive of other penalties. (E) The fee for copies of disclosed information must be set by the board.

South Carolina § 34-30-590 (Confidentiality of records or information; disclosure of specific information; exchange of information; violations by state officials, liability; copy fees.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.