State of New Mexico
House of Representatives
FORTY-THIRD LEGISLATURE
FIRST SESSION, 1997
February 20, 1997
Mr. Speaker:
Your CONSUMER AND PUBLIC AFFAIRS COMMITTEE, to
whom has been referred
HOUSE BILL 521
has had it under consideration and reports same with
recommendation that it DO PASS, amended as follows:
1. On page 1, line 11, after "ATTORNEYS" insert "AND
FINANCIAL INSTITUTIONS".
2. On page 2, lines 17 and 18, strike the brackets and line
through "any" and delete the underscored language.
3. On page 2, line 20, after "contractors" strike the
remainder of the line and strike all of line 21.
4. On page 2, between lines 23 and 24, insert the following
new paragraphs:
"(6) for use by attorneys in connection with
any civil, criminal, administrative or arbitration proceeding in a
federal, state or local court or agency or before a self-regulatory
body, including the service of process, investigation in
anticipation of litigation and the execution or enforcement of
judgments and orders or pursuant to an order of a federal, state or
local court;
(7) for use by an insured state or national
bank, a state or federal savings and loan association or savings
bank or a state or federal credit union or its agents, employees or
contractors, but only:
(a) to verify the accuracy of
personal information submitted by a person to the bank, savings and
loan association, savings bank or credit union; and
(b) if the information as
submitted is not correct or is no longer correct, to obtain the
correct information, but only for the purposes of preventing fraud
by, pursuing legal remedies against or recovering on a debt or
security interest against the person;".
5. Renumber the succeeding paragraphs accordingly.,
and thence referred to the JUDICIARY COMMITTEE.
Respectfully submitted,
Gary King, Chairman
Adopted Not Adopted
(Chief Clerk) (Chief Clerk)
Date
The roll call vote was 6 For 0 Against
Yes: 6
Excused: Heaton, Rios, Sandel, Vigil
Absent: None
117455.1
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