1. (1) The information is no longer available; and
2. (2) The financial institution is now required to provide the information to the Department.

If the information required by § 12-803(a) of this subtitle has been available to the Department from a federal agency, a financial institution may not be subject to the civil penalties provided for in this subtitle unless the financial institution has been notified by the Department that:

Added by Acts 1990, c. 411, § 1, eff. July 1, 1990.