224.40

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224.40 Disclosure of financial records for child support enforcement.

224.40(1)

(1) Definitions. In this section:

224.40(1)(c)

(c) “Financial record” has the meaning given in 12 USC 3401.

224.40(3)

(3) Limited liability. A financial institution is not liable for any of the following:

224.40(1)(a)

(a) “County child support agency” means a county child support agency under § 59.53 (5).

224.40(1)(b)

(b) “Financial institution” has the meaning given in § 49.853 (1)(c).

224.40(2)

(2) Financial record matching agreements. A financial institution is required to enter into an agreement with the department of children and families in accordance with rules promulgated under § 49.853 (2).

224.40(3)(a)

(a) Disclosing a financial record of an individual to the county child support agency attempting to establish, modify or enforce a child support obligation of the individual.

224.40(3)(b)

(b) Disclosing information to the department of children and families or a county child support agency pursuant to the financial record matching program under § 49.853.

224.40(3)(c)

(c) Encumbering or surrendering any assets held by the financial institution in response to instructions provided by the department of children and families or a county child support agency for the purpose of enforcing a child support obligation.

224.40(3)(d)

(d) Any other action taken in good faith to comply with § 49.853 or 49.854.