7-1-1005 - Admissibility of information restricted.
7-1-1005. Admissibility of information restricted.
(1) Information obtained directly or indirectly from a financial institution in violation ofSections 7-1-1001 through 7-1-1003 may not be admissible in any court of this state against theperson entitled to notice.
(2) This section does not apply in any action:
(a) between the financial institution and the person otherwise entitled to notice; or
(b) in which it is claimed that the financial institution has been the victim of fraud,embezzlement or any other criminal act committed by the person otherwise entitled to notice.
Renumbered and Amended by Chapter 3, 2008 General Session