54-15-12. Use of credit report by certain persons and entities not subject to chapter.
This chapter does not apply to the use of a consumer credit report by any of the following:
(1)A person, or a subsidiary, affiliate, or agent of that person, or an assignee of a financial obligation owed by the consumer to that person or entity, or a prospective assignee of a financial obligation owed by the consumer to that person in conjunction with the proposed purchase of the financial obligation, with which the consumer has or had prior to assignment an account or contract, including a demand deposit account, or to whom the consumer issued a negotiable instrument for the purposes of reviewing the account or collecting the financial obligation owed for the account, contract, or negotiable instrument. The term, reviewing the account, includes activities related to account maintenance, monitoring, credit line increases, and account upgrades and enhancements;
(2)A subsidiary, affiliate, agent, assignee, or prospective assignee of a person to whom access has been granted under §54-15-6 for purposes of facilitating the extension of credit or other permissible use;
(3)Any federal, state, or local entity, including a law enforcement agency or court;
(4)A private collection agency acting under a court order, warrant, or subpoena;
(5)A child support agency acting under Title IV-D of the Social Security Act (42 U.S.C. et seq.);
(6)The Department of Social Services acting to fulfill any of its statutory responsibilities;
(7)The Internal Revenue Service acting to investigate or collect delinquent taxes or unpaid court orders or to fulfill any of its other statutory responsibilities;
(8)The use of credit information for the purposes of prescreening as provided for by the federal Fair Credit Reporting Act;
(9)Any person or entity administering a credit file monitoring subscription service to which the consumer has subscribed;
(10)Any person or entity for the purpose of providing a consumer with a copy of the consumer's credit report upon the consumer's request; and
(11)Any person or entity for use in setting or adjusting a rate, adjusting a claim, or underwriting for insurance purposes.
Source: SL 2006, ch 246, §12.
Structure South Dakota Codified Laws
Title 54 - Debtor and Creditor
Chapter 15 - Security Freeze On Credit Report
Section 54-15-2 - Security freeze defined.
Section 54-15-3 - Request to consumer reporting agency for security freeze.
Section 54-15-4 - Time for placing security freeze.
Section 54-15-5 - Written confirmation of security freeze.
Section 54-15-6 - Request for temporary lifting of security freeze.
Section 54-15-7 - Expedited procedures for temporary lifting of security freeze.
Section 54-15-8 - Conditions for removing or temporarily lifting security freeze.
Section 54-15-11 - Removal of security freeze--Request for removal.
Section 54-15-12 - Use of credit report by certain persons and entities not subject to chapter.
Section 54-15-13 - Written confirmation of changes to report while security freeze in place.
Section 54-15-14 - Resellers of credit information not required to place security freeze.
Section 54-15-15 - Certain entities not required to place security freeze .
Section 54-15-16 - Furnishing of information to governmental agency when security freeze in place.
Section 54-15-17 - Fee for placement or removal of security freeze prohibited.