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(4) Intends to use the information in connection with | | a determination of the consumer's eligibility for a | | license or other benefit granted by a governmental | | instrumentality required by law to consider an | | applicant's financial responsibility or status; or |
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| | (5) Intends to use the information, as a potential | investor or service or as a current insurer, in | connection with a valuation of or an assessment of | the credit or prepayment risks associated with an | existing credit obligation; or |
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| | (6) Otherwise has a legitimate business need for the | information: |
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| | (a) In connection with a business transaction | that is initiated by the consumer; or |
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| | (b) To review an account to determine whether | the consumer continues to meet the terms of the | account; or |
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| | | Sec. 3. 10 MRSA §1313-A, sub-§3, as enacted by PL 1997, c. 155, Pt. | | B, §6 and affected by §13, is repealed. |
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| | | Sec. 4. 10 MRSA §1313-A, sub-§5, as enacted by PL 2001, c. 371, §11, | | is repealed. |
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| | | This bill prohibits consumer reporting agencies from | | releasing information about a consumer in connection with any | | credit or insurance transaction without the consent of the | | consumer. |
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