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§ 57-12b-3 — New Mexico Law | CourtGPT
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  6. § 57-12b-3
New Mexico Legal Code

§ 57-12b-3

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A. Except as provided in Subsection B of this section, no business shall require a consumer's social security number as a condition for the consumer to lease or purchase products, goods or services from the business. B. Nothing in this section prohibits a business from requiring or requesting a consumer's social security number if the number will be used in a manner consistent with state or federal law or as part of an application for credit or in connection with annuity or insurance transactions. C. Nothing in this section prohibits a business from acquiring or using a consumer's social security number if the consumer consents to the acquisition or use. D. A company acquiring or using social security numbers of consumers shall adopt internal policies that: (1) limit access to the social security numbers to those employees authorized to have access to that information to perform their duties; and (2) hold employees responsible if the social security numbers are released to unauthorized persons. History: Laws 2003, ch. 169, § 3. ANNOTATIONSEffective dates. — Laws 2003, ch. 169, § 5 made Laws 2003, ch. 169, § 3 effective January 1, 2004.