Utah Statutes

§ 7-14-3 — Information an institution may furnish.

Utah·Title 7 Financial Institutions Act·Ch. 7-14 Credit Information Exchange

Any institution doing business in the state may report to any other financial institution, or credit reporting agency the following:

(1)that an account maintained to effect third party payment transactions has been closed out by the institution, the reasons therefor, and the identity of the depositor or account holder;
(2)upon the request of another financial institution any other information in the files of the institution relating to the credit experience of the reporting institution with respect to a particular person as to whom inquiry is made; and
(3)any information concerning attempted or potential activity to defraud a financial institution or to obtain funds from a financial institution by fraudulent or other unlawful means or other information relating to individuals sought by

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Legislative History

Enacted by Chapter 16, 1981 General Session

Nearby Sections

15
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