45-10-105 - Authorization by customer. - Tennessee Statutes

45-10-105. Authorization by customer.

(a)  A customer may authorize disclosure of financial records pertaining to the customer by signing and dating a statement authorizing the disclosure; or, if acceptable to the financial institution, a customer may provide authorization orally. The authorization may specify:

     (1)  The name of the person to which disclosure is authorized;

     (2)  The financial records that are authorized to be disclosed; and

     (3)  The period of time during which the authorization is effective.

(b)  No authorization shall be required by a financial institution as a condition of doing business with the financial institution.

[Acts 1983, ch. 224, § 5.]