§ 33-11-113 — Records of license and bond actions; confidentiality

(a) The board shall keep a record of all applications for
licenses and all bonds filed. The record shall state whether or
not a license has been issued under the application and bond. If
a bond is withdrawn, replaced or revoked, or the license to
operate a collection agency is temporarily terminated because of
the failure of the surety on the bond, the facts shall be
reflected in the record with the date of filing any order of
suspension, revocation or reinstatement. The application form
and bond, and records relating thereto shall be open for
inspection as a public record in the office of the board.
(b) Financial statements, credit reports and other
financial information required by the board in support of a
license application or in an investigation, and unresolved
complaints or complaints found to be without merit are
confidential and are not subject to inspection as a public
record.
(c) Except as prohibited by law, the board or board's
designee may furnish information to or receive information from
the registry for the purpose of regulation of the debt
collection industry. Information furnished by the board to any
third party which is confidential or privileged in the board's
possession remains confidential or privileged in the possession
of the third party. Information received by the board from any
third party which is confidential or privileged in the
third-party's possession remains confidential or privileged in
the board's possession.