Sec. 45.48.290. Definitions.

249 words·~1 min read·/ak/title-45/chapter-48/45-48-290·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

In AS 45.48.100 — 45.48.290,

(1)“account review” means activities related to account maintenance, account monitoring, credit line increases, and account upgrades and enhancements;

(2)“consumer” means an individual who is the subject of a credit report or credit score;

(3)“consumer credit reporting agency” has the meaning given in AS 45.48.990 , but does not include a person who issues reports

(A)on incidents of fraud or authorizations for the purpose of approving or processing negotiable instruments, electronic funds transfers, or similar methods of payments; or

(B)regarding account closures because of fraud, substantial overdrafts, automated teller machine abuse, or similar negative information regarding a consumer to inquiring banks or other financial institutions for use only in reviewing consumer requests for deposit accounts at the inquiring banks or financial institutions;

(4)“reseller of consumer information” means a person who assembles and merges information contained in the databases of consumer credit reporting agencies and does not maintain a permanent database of consumer information from which new consumer credit reports are produced;

(5)“security freeze” means a prohibition against a consumer credit reporting agency's releasing a consumer's credit report or credit score without the express authorization of the consumer;

(6)“third party” means a person who is not

(A)the consumer who is the subject of the consumer's credit report or credit score; or

(B)the consumer credit reporting agency that is holding the consumer's credit report or credit score.

Article 3. Protection of Social Security Number.