HF 3389

1st Engrossment - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to civil actions; limiting liability of 
  1.3             financial institutions providing data for the criminal 
  1.4             alert network; amending Minnesota Statutes 1996, 
  1.5             section 299A.61, by adding a subdivision. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1996, section 299A.61, is 
  1.8   amended by adding a subdivision to read: 
  1.9      Subd. 3.  [LIMIT ON LIABILITY OF FINANCIAL INSTITUTIONS.] A 
  1.10  financial institution that provides or reasonably attempts to 
  1.11  provide stolen, forged, or fraudulent check information for use 
  1.12  by the crime alert network or law enforcement agencies 
  1.13  investigating a crime is not liable to any person for disclosing 
  1.14  the information, provided that the financial institution is 
  1.15  acting in good faith.