31-3-112. Obsolete information. No consumer reporting agency may make any consumer report containing any of the following items of information:
(1) bankruptcies which, from date of adjudication of the most recent bankruptcy, antedate the report by more than 14 years;
(2) suits and judgments which, from date of entry, antedate the report by more than 7 years or until the governing statute of limitations has expired, whichever is the longer period;
(3) paid tax liens which, from date of payment, antedate the report by more than 7 years;
(4) accounts placed for collection or charged to profit and loss which antedate the report by more than 7 years;
(5) records of arrest, indictment, or conviction of crime which, from date of disposition, release, or parole, antedate the report by more than 7 years;
(6) any other adverse item of information which antedates the report by more than 7 years.
History: En. 18-505 by Sec. 5, Ch. 547, L. 1975; R.C.M. 1947, 18-505.
Structure Montana Code Annotated
Title 31. Credit Transactions and Relationships
Chapter 3. Related Credit Practices
Part 1. Consumer Reporting Agencies
31-3-102. Definitions and rules of construction
31-3-103. Credit rating -- property right
31-3-104. through 31-3-110 reserved
31-3-111. Permissible purposes of reports
31-3-112. Obsolete information
31-3-113. Disclosure of investigative consumer reports
31-3-114. Compliance procedures
31-3-116. through 31-3-120 reserved
31-3-121. Disclosures to governmental agencies
31-3-122. Disclosures to consumers
31-3-123. Conditions of disclosure to consumer
31-3-124. Procedure in case of disputed accuracy
31-3-125. Fees for disclosures to consumers
31-3-126. Public record information for employment purposes
31-3-128. through 31-3-130 reserved
31-3-131. Requirements on users of consumer reports
31-3-132. Block of information on credit report
31-3-133. through 31-3-140 reserved
31-3-141. Actions available to consumer
31-3-142. Civil liability for willful noncompliance
31-3-143. Civil liability for negligent noncompliance
31-3-144. through 31-3-150 reserved