408.693. Fee paid to financial institution, amount, how determined. - Missouri Statutes

Fee paid to financial institution, amount, how determined.

408.693. Except for records obtained pursuant to section408.690, a government authority shall pay to the financialinstitution assembling or providing financial records pertainingto a customer and in accordance with procedures established bysections 408.675 to 408.700 a fee for reimbursement for suchcosts as are reasonably necessary and which have been directlyincurred in searching for, reproducing, or transporting books,papers, records, or other data required or requested to beproduced. The rates established by the board of governors ofthe Federal Reserve System shall, by regulation, establish therates and conditions under which such payment may be made.

(L. 1989 H.B. 82 § 13)