1. Any financial institution or an agency or department of the state of Missouri obtaining
or disclosing financial records or information contained therein in violation of sections 408.675 to 408.700 is liable to the customer to whom such records relate in an amount equal to the sum
(1) One thousand dollars, without regard to the volume of records involved;
(2) Any actual damages sustained by the customer as a result of the disclosure; and
(3) In the case of any successful action to enforce liability under this section,
the costs of the action together with reasonable attorney's fees may be allowed by
2. Whenever the court determines that any employee of an agency or department of the
state of Missouri has violated any provision of sections 408.675 to 408.700 and the court finds that the circumstances surrounding the violation raise questions
of whether an officer or employee of the department or agency acted willfully or intentionally
with respect to the violation, the agency or department supervising said violator
shall promptly initiate a proceeding to determine whether disciplinary action is warranted
against the agent or employee who was primarily responsible for the violation. The agency or department after investigation and consideration of the evidence submitted
shall submit its findings and recommendations to the administrative authority of the
agency concerned and shall send copies of the findings and recommendations to the
officer or employee or his representative.
3. Any financial institution or agent or employee thereof making a disclosure of financial
records pursuant to sections 408.675 to 408.700 in good faith reliance upon a notice by any government authority shall not be liable
to the customer or any other person for such disclosure.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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