049-4 Wyo. Code R. § 4-11

Current through April 27, 2019
Section 4-11 - In-state and Multistate Financial Institution Data Match

(a) Wyo. Stat. § 20-6-106(u) provides that DFS shall enter into agreements with financial institutions, national chartered credit unions, benefit associations, insurance companies, safe deposit companies, money market mutual funds or similar entities authorized to do business in the state, as provided in Wyo. Stat. § 13-1-205, to develop and operate an automated data match system to obtain identifying information for each obligor who maintains an account at the institution and who owes past due child support in an amount equal to at least triple the current monthly child support obligation and to allow assets to be encumbered as provided by law.

(b) Section 466 of the Act provides for an automated data match between files from states transmitted through FPLS and account records of financial institutions doing business in two (2) or more states.

(c) CSED shall comply with state and federal laws and regulations regarding financial institution data matching.

049-4 Wyo. Code R. § 4-11