{"data":{"id":"us-ky/krs-131.676","jurisdiction":"us-ky","citation":"KRS 131.676","heading":"Provision of identifying or asset information not to be disclosed to","body":"delinquent taxpayer or debtor -- Penalty -- Financial institutions not liable --\nGeneral notice to account holders.\n(1) A financial institution furnishing a report or providing asset  information about a\ndelinquent taxpayer or debtor to the department shall not disclose to the delinquent\ntaxpayer or debtor that the name of that person has been received from or furnished\nto the department. A financial institution may disclose to its dep ositors or account\nholders that, under the financial institution match system, the department has the\nauthority to request certain identifying information on certain depositors or account\nholders.\n(2) If a financial institution willfully violates the provi sions of this section, the\ninstitution shall pay to the department the lesser of one thousand dollars ($1,000) or\nthe amount on deposit or in the account of the person to whom the disclosure was\nmade.\n(3) A financial institution shall incur no obligation o r liability to a depositor or account\nholder or any other person arising from the furnishing of a report or information to\nthe department pursuant to KRS 131.670 to 131.676, or from the failure to disclose\nto a depositor or account holder that the name of the person was included in a list or\nreport furnished by the financial institution to the department.\n(4) A financial institution shall not give notice to an account holder or customer of the\nfinancial institution that the financial institution has provide d information or taken\nany action pursuant to KRS 131.670 to 131.676 and shall not be liable for failure to\nprovide that notice; provided, however, that a financial institution may disclose to\nits depositors or account holders that, under the data match sy stem, the department\nhas the authority to request certain identifying information on certain depositors or\naccount holders. The department shall notify, not less than annually, affected\ndepositors or account holders who have not otherwise received notification.","path":["KRS Chapter 131"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=28194","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:23Z","sha256":"bdeef392f3a85722ee5c557932ba4cd7712cd4454ee0711a949b34893cd72a4b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-131.674","next":"us-ky/krs-131.990"},"notice":"GroundRules: Original legal text. Not legal advice."}