|
House Engrossed
banks; financial institutions; personal information |
|
State of Arizona House of Representatives Fifty-sixth Legislature First Regular Session 2023
|
|
CHAPTER 31
|
|
HOUSE BILL 2066 |
|
|
An Act
amending title 6, chapter 1, article 3, Arizona Revised Statutes, by adding section 6-129.02; relating to records.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Title 6, chapter 1, article 3, Arizona Revised Statutes, is amended by adding section 6-129.02, to read:
6-129.02. Records destruction; personal information
notwithstanding any other law and except as provided by an applicable law that requires a retention period that exceeds ten years, A Bank or financial institution shall destroy, in a manner prescribed by law, all personal information belonging to a former customer or client not later than ten years after the business relationship ends.
APPROVED BY THE GOVERNOR APRIL 11, 2023.
FILED IN THE OFFICE OF THE SECRETARY OF STATE APRIL 11, 2023.