Terms Used In Louisiana Revised Statutes 51:3072
- Person: means any individual, corporation, partnership, sole proprietorship, joint stock company, joint venture, or any other legal entity. See Louisiana Revised Statutes 51:3073
- Personal information: means the first name or first initial and last name of an individual resident of this state in combination with any one or more of the following data elements, when the name or the data element is not encrypted or redacted:
(i) Social security number. See Louisiana Revised Statutes 51:3073
The legislature hereby finds and declares that:
(1) The privacy and financial security of individuals are increasingly at risk due to the ever more widespread collection of personal information.
(2) Credit card transactions, magazine subscriptions, telephone numbers, real estate records, automobile registrations, consumer surveys, warranty registrations, credit reports, and Internet web sites are all sources of personal information and form the source material of identity theft.
(3) The crime of identity theft is on the rise in the United States. Criminals who steal personal information use the information to open credit card accounts, write bad checks, buy automobiles, and commit other financial crimes using the identity of another person.
(4) Identity theft is costly to the marketplace and to consumers.
(5) Victims of identity theft must act quickly to minimize the damage; therefore, expeditious notification of possible misuse of a person’s personal information is imperative.
Acts 2005, No. 499, §1, eff. Jan. 1, 2006.