17:16K-3. Disclosure of information by financial institution to third party
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/nj/title-17/chapter-16k/17-16k-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A financial institution may disclose information relative to an electronic fund transfer or account to a third party when:
a. The disclosure is necessary for the completion of an electronic fund transfer;
b. The possessor of the account gives written permission to the financial institution to disclose the information;
c. The disclosure is for the purpose of verifying the existence and condition of an account for a third party, including, but not limited to, a credit bureau or a merchant;
d. The disclosure is necessary to resolve an error or an inquiry as to an alleged error;
e. The disclosure is made to a supervisory agency in the exercise of its supervisory and regulatory examination functions with respect to a financial institution; or
f. The disclosure is made to a government agency in the exercise of its statutory functions with respect to a person applying for or receiving public assistance.
L.1983, c. 466, s. 3, eff. Jan. 12, 1984.