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§ 24-5-24-11 — Indiana Law | CourtGPT
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  4. Title 24 - Trade Regulation/
  5. Article 5 - Consumer Sales/
  6. Chapter 24 - Security Freezes for Consumer Reports24-5-24-1. "Consumer"/
  7. § 24-5-24-11
Indiana Legal Code

§ 24-5-24-11

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5-2.(b) As used in this section, 'specialized credit reporting tool' means a scoring model that:(1) is available only to an energy utility; and(2) is used by the energy utility to validate a consumer's identity and creditworthiness.(c) The following persons are not required to place a security freeze on a consumer's consumer report:(1) A consumer reporting agency that acts only as a reseller (as defined in 15 U.S.C. 1681a(u)) of information. However, a consumer reporting agency must honor any security freeze placed on a consumer's consumer report by another consumer reporting agency.(2) A:(A) check services; or(B) fraud prevention services;company that reports on incidents of fraud or issues authorizations for the purpose of approving or processing negotiable instruments, electronic fund transfers, or similar methods of payment.(3) A deposit account information service company that issues reports concerning account closures due to:(A) fraud;(B) substantial overdrafts;(C) ATM abuse; or(D) similar negative information concerning a consumer;to inquiring financial institutions for use only in

rts concerning account closures due to:(A) fraud;(B) substantial overdrafts;(C) ATM abuse; or(D) similar negative information concerning a consumer;to inquiring financial institutions for use only in reviewing a consumer's request for a deposit account at the inquiring financial institution.(4) A consumer reporting agency that furnishes specialized credit reporting tools to an energy utility.As added by P.L.104-2007, SEC.1.