Indiana Code 28-8-4-47. Confidentiality of information; exceptions
Sec. 47. (a) Notwithstanding any other provision of law, all information or reports obtained by the director from an applicant, a licensee, or an authorized delegate, whether obtained through reports, applications, examination, audits, investigation, or otherwise, including:
Terms Used In Indiana Code 28-8-4-47
- applicant: means a person filing an application for a license under this chapter. See Indiana Code 28-8-4-2
- authorized delegate: means an entity designated by a licensee to:
Indiana Code 28-8-4-3
- department: means the members of the department of financial institutions. See Indiana Code 28-8-4-6
- director: has the meaning set forth in IC 28-11-2-1. See Indiana Code 28-8-4-7
- licensee: means a person licensed under this chapter. See Indiana Code 28-8-4-11
- state: means Indiana. See Indiana Code 28-8-4-19
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
(A) examination;
(B) investigation;
(C) operation; or
(D) condition;
reports prepared by, on behalf of, or for the use of the director; or
(2) financial statements, balance sheets, or authorized delegate information;
are confidential and may not be disclosed or distributed outside the department by the director or any officer or employee of the department, except as provided in subsection (b).
(b) The director may provide for the release of information to representatives of:
(1) financial institution and money services business supervisory agencies;
(2) law enforcement agencies; or
(3) prosecutorial agencies or offices;
of a state (as defined in IC 28-2-17-19), the United States, or a foreign country. An agency or office that receives information from the director under this subsection shall maintain the confidentiality of the information as described in IC 28-1-2-30.
(c) Nothing in this section shall prohibit the director from releasing to the public a list of persons licensed under this chapter or from releasing aggregated financial data on such licensees.
As added by P.L.42-1993, SEC.85. Amended by P.L.258-2003, SEC.17; P.L.213-2007, SEC.84; P.L.217-2007, SEC.82; P.L.90-2008, SEC.61.