Citation[]
FDIC, Fair and Accurate Credit Transactions Act of 2003, Guidelines Requiring the Proper Disposal of Consumer Information (FIL 7-2005) (Feb. 2, 2005) (full-text).
Overview[]
These are the final guidelines to implement section 216 of the Fair and Accurate Credit Transactions Act of 2003 (FACT Act). Section 216 is designed to protect consumers against the risks associated with identity theft and other types of fraud. The guidelines require the proper disposal of consumer information.