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Title XXVI TRADE AND COMMERCE

Chapter 408

previous next Effective - 28 Aug 1989bottom

  408.693.  Fee paid to financial institution, amount, how determined. — Except for records obtained pursuant to section 408.690, a government authority shall pay to the financial institution assembling or providing financial records pertaining to a customer and in accordance with procedures established by sections 408.675 to 408.700 a fee for reimbursement for such costs as are reasonably necessary and which have been directly incurred in searching for, reproducing, or transporting books, papers, records, or other data required or requested to be produced.  The rates established by the board of governors of the Federal Reserve System shall, by regulation, establish the rates and conditions under which such payment may be made.

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(L. 1989 H.B. 82 § 13)


---- end of effective   28 Aug 1989 ----

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