408.675. Citation of law--definitions. - Missouri Statutes

Citation of law--definitions.

408.675. 1. Sections 408.675 to 408.700 shall be known andmay be cited as the "Missouri Right to Financial Privacy Act".

2. For the purposes of sections 408.675 to 408.700, thefollowing terms mean:

(1) "Customer", any person or his authorized representativewho utilized services of a financial institution, or for whom afinancial institution is acting or has acted as a fiduciary, inrelation to an account maintained in such person's name;

(2) "Financial institution", bank, savings and loanassociation, trust company, credit union, consumer creditlender, consumer finance institution, persons who act as lenderon loans governed by sections 408.100 and 408.120 to 408.190,persons who are sellers under a retail time contract or retailtime transactions governed by sections 408.250 to 408.370, andany other persons, including, but not limited to, stockbrokersand brokerage firms, which accept money for deposit to anaccount on which checks may be drawn by the owner of suchaccount;

(3) "Financial record", an original, a copy, or informationderived from any record held by a financial institutionpertaining to a customer's relationship with the financialinstitution;

(4) "Government authority", any agency or department of thestate of Missouri or any agent thereof;

(5) "Law enforcement inquiry", a lawful investigation,official proceeding, or grand jury proceeding relating to thecommission of any crime;

(6) "Subpoena", a judicial subpoena, an administrativesubpoena, or other process expressly authorized by law;

(7) "Supervisory agency", any agency or department ofMissouri having statutory authority to examine the financialcondition or business operations of a financial institution;

(8) "Government investigation", a lawful proceedinginquiring into a violation of any civil statute or any validregulation, rule, or order issued pursuant thereto.

(L. 1989 H.B. 82 §§ 1, 2)