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PARRIS N. GLENDENING, Governor
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Ch. 536
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1. the full name of the obligor and any other names known to
be used by the obligor; and
2. the Social Security number or other taxpayer
identification number of the obligor; and
(ii) be transmitted to the financial institution in an electronic
format unless the financial institution specifically asks the Administration to submit
the request in writing.
(d) (1) Within 30 days after a financial institution receives a request for
information under subsection (c) of this section, the financial institution shall
[submit a report to the Administration]:
(I) NOTIFY THE ADMINISTRATION THAT THE FINANCIAL
INSTITUTION SUBMITS REPORTS INDIRECTLY THROUGH THE FEDERAL PARENT
LOCATOR SERVICE UNDER 42 U.S.C. § 666(A)(17); OR
(II) WITH RESPECT TO EACH OBLIGOR WHOSE NAME THE
ADMINISTRATION SUBMITTED TO THE FINANCIAL INSTITUTION AND WHO
MAINTAINS AN ACCOUNT WITH THE FINANCIAL INSTITUTION, SUBMIT A REPORT TO
THE ADMINISTRATION.
(2) The report[, with respect to each obligor whose name was submitted
to the financial institution and who maintains an account with the financial
institution, shall contain] DESCRIBED IN PARAGRAPH (1)(II) OF THIS SUBSECTION
SHALL CONTAIN, TO THE EXTENT REFLECTED IN THE RECORDS OF THE FINANCIAL
INSTITUTION:
(i) the full name of the obligor;
(ii) the address of the obligor;
(iii) the Social Security or other taxpayer identification number of
the obligor,
(iv) any other identifying information needed to assure positive
identification of the obligor; and
(v) FOR EACH ACCOUNT OF THE OBLIGOR, the obligor's account
number and balance.
(3) [The report required under paragraph (2)] A REPORT SUBMITTED
UNDER PARAGRAPH (1)(II) of this subsection shall be provided to the Administration
in machine readable form.
(4) The Administration shall pay the financial institution a reasonable
fee, not to exceed the actual costs incurred by the financial institution to comply with
the requirements of this [subsection] SECTION AND § 10-108.3 OF THIS SUBTITLE
INCLUDING COSTS FOR:
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(I) COMPILING AND PROVIDING REPORTS TO THE
ADMINISTRATION;
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- 4039 -
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