Kansas Statutes Annotated
Updated Through the 2013 Legislative Session

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Statute Number:50-706
Chapter Title:UNFAIR TRADE AND CONSUMER PROTECTION
Article Title:FAIR CREDIT REPORTING
Tax Type:All
Brief Description:Compliance procedures.
Keywords:


Body:

50-706. Compliance procedures. (a) Every consumer reporting agency shall maintain reasonable procedures designed to avoid violations of K.S.A. 50-704 and to limit the furnishing of consumer reports to the purposes listed under K.S.A. 50-703. These procedures shall require that prospective users of the information identify themselves, certify the purposes for which the information is sought, and certify that the information will be used for no other purpose. Every consumer reporting agency shall make a reasonable effort to verify the identity of a new prospective user and the uses certified by such prospective user prior to furnishing such user a consumer report. No consumer reporting agency may furnish a consumer report to any person if it has reasonable grounds for believing that the consumer report will not be used for a purpose listed in K.S.A. 50-703.
(b) Whenever a consumer reporting agency prepares a consumer report it shall follow reasonable procedures to assure maximum possible accuracy of the information concerning the individual about whom the report relates.
History: L. 1973, ch. 85, 141; Jan. 1, 1974.


Date Composed: 04/04/2011 Date Modified: 04/04/2011

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