A third-party auditor shall maintain strict confidentiality of any records or documents gathered during the unclaimed property examination. A third-party auditor shall sign a confidentiality agreement that complies with either section 1180.047 or 1180.048 of this Article, to preserve the integrity of state security and confidentiality. A third-party auditor shall sign a confidentiality agreement to preserve the holder's interest and the reasonable expectation of privacy of the holder's interest. A third-party auditor shall maintain a file of each confidentiality agreement and provide such statements to the State upon request. Such files must be maintained throughout the duration of the unclaimed property examination and shall not be destroyed until the unclaimed property examination has been completed.

Note: Authority cited: Section 1571, Code of Civil Procedure. Reference: Section 1571, Code of Civil Procedure.

History

1. New section filed 4-22-2025; operative 7-1-2025 (Register 2025, No. 17).