|to Banking & Insurance (H)
|AN ACT relating to credit freezes for protected consumers.
|Bill Request Number
|B. Montell, S. Westrom
|Summary of Original Version
|Create a new section of KRS 367.363 to 367.365 to define "protected person," "representative," and "sufficient proof of authority"; require a consumer reporting agency to place a security freeze on a protected person's record or report upon proper request by a representative; require the freeze be placed within ten days of receiving the request; set forth when the credit reporting agency is required to remove the freeze; allow the credit reporting agency to charge a fee under certain circumstances; establish penalties for violations.
|Index Headings of Original Version
Disabilities and the Disabled - Protected persons, credit security freeze on record or report
Guardians - Ward, credit security freeze on record or report
Loans and Credit - Protected persons, credit security freeze on record or report
Mental Disability - Incapacitated persons, credit security on record or report
Children and Minors - Credit security freeze for minors under 18 years
Consumer Affairs - Protected persons, credit security freeze on record or report
Last updated: 1/16/2019 3:08 PM (EST)