Conn. Gen. Stat. § 36a-614a: Sponsoring, opening or establishing money sharing application account for or on behalf of minor. Deletion of account.

(a) For the purposes of this section:

(1) “Authenticate” means to use reasonable means and make a commercially reasonable effort to determine whether a request to exercise any right afforded under subsection (c) of this section has been submitted by, or on behalf of, the minor who is entitled to exercise such right;

(2) “Consumer” has the same meaning as provided in section 42-515;

(3) “Licensee” has the same meaning as provided in section 36a-596;

(4) “Minor” means any consumer who is younger than eighteen years of age;

(5) “Money sharing application” means an Internet-based service or application that is (A) owned or operated by a licensee, (B) used by a consumer in this state, and (C) primarily intended to allow users to send and receive money. “Money sharing application” does not include any Internet-based service or application that is owned or operated by a person that is exempt from the provisions of sections 36a-597 to 36a-607, inclusive, and sections 36a-611 and 36a-612 pursuant to section 36a-609; and

(6) “Personal data” has the same meaning as provided in section 42-515.

(b) On and after October 1, 2025, no licensee shall allow an individual to sponsor, open or establish a money sharing application account for or on behalf of a minor unless such licensee has (1) received an attestation from such individual attesting that such individual is such minor's parent or legal guardian, and (2) (A) received a copy of such individual's motor vehicle operator's license or other valid government-issued identification card, or (B) verified the identity of such individual in accordance with the provisions of the Bank Secrecy Act, 31 USC 5311 et seq., as amended from time to time, and the regulations promulgated thereunder.

(c) (1) Not later than thirty business days after a licensee receives a request from a minor or such minor's parent or legal guardian to delete such minor's money sharing application account with such licensee, the licensee shall delete such minor's money sharing application account and cease processing such minor's personal data except where the preservation of such minor's money sharing application account or personal data is otherwise permitted or required by applicable law, including, but not limited to, sections 42-515 to 42-525, inclusive. A licensee may extend such thirty-business-day period by an additional thirty business days if such extension is reasonably necessary considering the complexity and number of the minor's, parent's or legal guardian's requests, provided the licensee informs the minor or such minor's parent or legal guardian, as applicable, within the initial thirty-business-day response period of such extension and the reason for such extension.

(2) Any request made pursuant to subdivision (1) of this subsection may include a request by the minor or such minor's parent or legal guardian to provide to the minor or such minor's parent or legal guardian, as applicable, all data associated with the money sharing application account that is the subject of such request. Such data shall include, but need not be limited to, an itemization of each transaction associated with such account and the identity of the person who opened such account. A licensee shall provide such data to the minor or such minor's parent or legal guardian, as applicable, within the timeframe established by the provisions of subdivision (1) of this subsection.

(3) A licensee shall establish, and shall describe in a notice provided to consumers that have a money sharing application account with such licensee, one or more secure and reliable means for submitting a request pursuant to this subsection. A licensee that provides a mechanism for a minor or the minor's parent or legal guardian to initiate a process to delete such minor's money sharing application account shall be deemed to be in compliance with the provisions of this subdivision.

(d) If a licensee is unable to authenticate a request submitted pursuant to subsection (c) of this section, the licensee shall (1) not be required to comply with such request, and (2) provide a notice to the minor, parent or legal guardian who submitted such request disclosing that such licensee (A) is unable to authenticate such request, and (B) will not be able to authenticate such request until such minor, parent or legal guardian provides the additional information that is reasonably necessary to authenticate such request.