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Are Financial Institutions exempt from liability for providing information?

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Are Financial Institutions exempt from liability for providing information?

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Yes. In accordance with Federal and State laws, a Financial Institution and its officers, directors and employees are exempt from criminal or civil liability for disclosing or releasing account information to a child support enforcement agency, or for any other action the Financial Institution takes in good faith to meet the data match requirements. To our knowledge there have been no successful lawsuits filed against a Financial Institution by an account owner for providing information under the PA FIDM program. Back to Question (A) 6.

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Yes. In accordance with Federal and State laws, a Financial Institution and its officers, directors and employees are exempt from criminal or civil liability for disclosing or releasing account information to a child support enforcement agency, or for any other action the Financial Institution takes in good faith to meet the data match requirements. To our knowledge there have been no successful lawsuits filed against a Financial Institution by an account owner for providing information under the PA FIDM program. Back to Question (A) 6.

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