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§334.83. Disposal of consumer information.

12 C.F.R. § 334.83

(a)
In general. You must properly dispose of any consumer information that you maintain or otherwise possess in accordance with the Interagency Guidelines Establishing Information Security Standards, as set forth in appendix B to part 364 of this chapter, prescribed pursuant to section 216 of the Fair and Accurate Credit Transactions Act of 2003 (15 U.S.C. 1681w) and section 501(b) of the Gramm-Leach-Bliley Act (15 U.S.C. 6801(b)), to the extent the Guidelines are applicable to you.
(b)
Rule of construction. Nothing in this section shall be construed to:
(1)
Require you to maintain or destroy any record pertaining to a consumer that is not imposed under any other law; or
(2)
Alter or affect any requirement imposed under any other provision of law to maintain or destroy such a record.
Notes, amendments, and revision history

Authority

Authority: 12 U.S.C. 1818, 1819 (Tenth), and 1831p-1; 15 U.S.C. 1681a, 1681b, 1681c, 1681m, 1681s, 1681s-2, 1681s-3, 1681t, 1681w, 6801 et seq., Pub. L. 108-159, 117 Stat. 1952.

Source

Source: 69 FR 77618, Dec. 28, 2004, unless otherwise noted.