408.682. Customer authorization, requirements.

Customer authorization, requirements.

408.682. 1. A customer may authorize disclosure of hisfinancial records if he furnishes to the financial institutionand to the government authority seeking to obtain suchdisclosure a signed and dated statement which:

(1) Authorizes such disclosure for such period as may beagreed upon;

(2) States that the customer may revoke such authorizationat any time before the financial records are disclosed;

(3) Identifies the financial records which are authorizedto be disclosed;

(4) Specifies the purpose and the government authority towhich such records may be disclosed; and

(5) States the customer's rights under sections 408.675 to408.700.

2. Such authorization shall not be required as a conditionof doing business with any financial institution.

3. The customer has the right to obtain a copy of theinformation which shall be disclosed to a government authoritypursuant to sections 408.675 to 408.700, and the identity of thegovernment authority to which such disclosure was made.

(L. 1989 H.B. 82 § 5)