Duty LXD-7511
Is a bank, in Wisconsin
Disposal of records containing personal information by financial institutions, medical businesses and tax preparation businessesin force2 lines
Disposal of records containing personal information, Wis. Stat. sec. 134.97 · Read the law's page
- Applies to a financial institution (a bank, savings bank, savings and loan association or credit union authorized to do business under state or federal law, any issuer of a credit card, or any investment company), a medical business (any organization, for profit or not, that possesses information other than personnel records about a person's physical or mental health, medical history or medical treatment), and a tax preparation business (a for-profit organization that for a fee prepares or counsels on an individual's tax returns); you declare this by stating that you provide financial services or handle health records.
- Do not dispose of a record containing personal information (a record is any material on which written, drawn, printed, spoken, visual or electromagnetic information is recorded or preserved, regardless of physical form or characteristics, so electronic and other media are covered) unless you, or a person under contract with you, shred the record, erase the personal information, modify the record to make the personal information unreadable, or take actions you reasonably believe will ensure that no unauthorized person has access to the personal information between the record's disposal and its destruction.