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Can a financial institution be held liable for the release of account information relating to the Missouri Financial Institution Data Match program and the levies that may result?

April 26, 2017account Data financial institution held liable Missouri relating release

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Can a financial institution be held liable for the release of account information relating to the Missouri Financial Institution Data Match program and the levies that may result?

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No, Section 466(a)(17)(C) 42 U.S.C. 666(a)(17)(C) of the Social Security Act established that a financial institution shall not be liable under federal or state law to any person for any disclosure of information to the State IV-D agency under section 466(a)(17)(A)(i) of the Act. Financial institutions will not be held liable for any other action taken in good faith to comply with the requirements of FIDM. See RSMO 454.507.