224.40 Disclosure of financial records for child support enforcement.
209 words·~1 min read·
/wi/chapter-224/224-40-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
224.40 Disclosure of financial records for child support enforcement.
(1)Definitions. In this section:
(a)“County child support agency” means a county child support agency under s. 59.53
(5).
(b)“Financial institution” has the meaning given in s. 49.853
(c).
(c)“Financial record” has the meaning given in 12 USC 3401 .
(2)Financial record matching agreements. A financial institution is required to enter into an agreement with the department of children and families in accordance with rules promulgated under s. 49.853
(2).
(3)Limited liability. A financial institution is not liable for any of the following:
(a)Disclosing a financial record of an individual to the county child support agency attempting to establish, modify or enforce a child support obligation of the individual.
(b)Disclosing information to the department of children and families or a county child support agency pursuant to the financial record matching program under s. 49.853 .
(c)Encumbering or surrendering any assets held by the financial institution in response to instructions provided by the department of children and families or a county child support agency for the purpose of enforcing a child support obligation.
(d)Any other action taken in good faith to comply with s. 49.853 or 49.854 .