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PARRIS N. GLENDENING, Governor
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S.B. 816
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State House
Annapolis MD 21401
Dear Mr. President:
In accordance with Article II, Section 17 of the Maryland Constitution, I have today
vetoed Senate Bill 816 - Fiduciary Institutions - Customer Financial Records -
Allowable Disclosures.
This bill authorizes a fiduciary institution to disclose an adult customer's financial
records to the adult protective services program in a local department of social
services, if the institution or its officer, employee, agent or director believes that the
customer has been subject to financial exploitation.
House Bill 736, which was passed by the General Assembly and signed by me on May
11, 2000, accomplishes the same purpose. Therefore, it is not necessary for me to sign
Senate Bill 816.
Sincerely,
Parris N. Glendening
Governor
Senate Bill No. 816
AN ACT concerning
Fiduciary Institutions - Customer Financial Records - Allowable
Disclosures
FOR the purpose of allowing a fiduciary institution or an officer, employee, agent, or
director of a fiduciary institution to disclose financial records relating to a eft
adult a customer of the fiduciary institution to an adult protective services
program under certain circumstances; providing that a report filed under this
Act shall be deemed to protect against or prevent certain illegal or unauthorized
actions or other liability; providing that a fiduciary institution or an officer,
employee, agent, or director of a fiduciary institution may decline to provide
certain information about a report authorized under this Act under certain
circumstances: providing that there is no liability on the part of and no cause of
action shall arise against, and there shall be certain immunity for, a fiduciary
institution or an officer, employee, agent, or director of a fiduciary institution for
certain actions or omissions involved with certain disclosures and reports under
certain circumstances; providing that this Act does not create a certain duty on
the part of a fiduciary institution or an officer, employee, agent, or director of a
fiduciary institution; defining certain terms; and generally relating to allowable
disclosures of customer financial records by fiduciary institutions.
BY adding to
Article - Financial Institutions
Section 1-306
Annotated Code of Maryland
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- 4179 -
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