31-3-114. Compliance procedures
31-3-114. Compliance procedures. (1) Every consumer reporting agency shall maintain reasonable procedures designed to avoid violations of 31-3-112 and 31-3-113 and to limit the furnishing of consumer reports to the purposes listed under 31-3-111. These procedures must require that prospective users of the information identify themselves, certify the purposes for which the information is sought, and […]
31-3-115. Adverse information
31-3-115. Adverse information. (1) Whenever a consumer reporting agency prepares an investigative consumer report, adverse information in the consumer report, other than information that is a matter of public record, may not be included in a subsequent consumer report unless the adverse information has been verified in the process of making the subsequent consumer report. (2) A […]
31-3-116. through 31-3-120 reserved
31-3-116 through 31-3-120 reserved.
31-3-121. Disclosures to governmental agencies
31-3-121. Disclosures to governmental agencies. Notwithstanding the provisions of 31-3-111, a consumer reporting agency may furnish identifying information respecting any consumer, limited to the consumer’s name, address, former addresses, places of employment, or former places of employment, to a governmental agency. History: En. 18-509 by Sec. 9, Ch. 547, L. 1975; R.C.M. 1947, 18-509; amd. Sec. 1005, […]
31-3-122. Disclosures to consumers
31-3-122. Disclosures to consumers. (1) Every consumer reporting agency shall, upon request and proper identification of any consumer, clearly and accurately disclose to the consumer: (a) the nature and substance of all information (except medical information) in its files on the consumer at the time of the request; and (b) the sources of the information. (2) The requirements of […]
31-3-123. Conditions of disclosure to consumer
31-3-123. Conditions of disclosure to consumer. (1) A consumer reporting agency shall make the disclosures required under 31-3-122 during normal business hours and on reasonable notice. (2) The disclosures required under 31-3-122 must be made to the consumer: (a) in person if the consumer appears in person and furnishes proper identification; or (b) by telephone if the consumer has […]
31-3-124. Procedure in case of disputed accuracy
31-3-124. Procedure in case of disputed accuracy. (1) If the completeness or accuracy of any item of information contained in this file is disputed by a consumer and the dispute is directly conveyed to the consumer reporting agency by the consumer, the consumer reporting agency shall within a reasonable period of time reinvestigate and record the […]
31-3-101. Purpose
31-3-101. Purpose. It is the purpose of this part to require that consumer reporting agencies adopt reasonable procedures for meeting the needs of commerce for consumer credit, personnel, insurance, and other information in a manner which is fair and equitable to the consumer, with regard to the confidentiality, accuracy, relevancy, and proper utilization of such information […]
31-3-102. Definitions and rules of construction
31-3-102. Definitions and rules of construction. (1) Definitions and rules of construction set forth in this section are applicable for the purposes of this part. (2) The term “consumer” means an individual. (3) (a) The term “consumer report” means any written, oral, or other communication of any information by a consumer reporting agency bearing on a consumer’s credit worthiness, […]
31-3-103. Credit rating — property right
31-3-103. Credit rating — property right. A credit rating is a property right with full constitutional protection. History: En. 18-503 by Sec. 3, Ch. 547, L. 1975; R.C.M. 1947, 18-503.