Laws: Cases and Codes : U.S. Code : Title 12 : Section 3408


   
U.S. Code as of: 01/19/04
Section 3408. Formal written request

      A Government authority may request financial records under
    section 3402(5) of this title pursuant to a formal written request
    only if - 
        (1) no administrative summons or subpena authority reasonably
      appears to be available to that Government authority to obtain
      financial records for the purpose for which such records are
      sought;
        (2) the request is authorized by regulations promulgated by the
      head of the agency or department;
        (3) there is reason to believe that the records sought are
      relevant to a legitimate law enforcement inquiry; and
        (4)(A) a copy of the request has been served upon the customer
      or mailed to his last known address on or before the date on
      which the request was made to the financial institution together
      with the following notice which shall state with reasonable
      specificity the nature of the law enforcement inquiry:

        "Records or information concerning your transactions held by
      the financial institution named in the attached request are being
      sought by this (agency or department) in accordance with the
      Right to Financial Privacy Act of 1978 [12 U.S.C. 3401 et seq.]
      for the following purpose:
        "If you desire that such records or information not be made
      available, you must:
          "1. Fill out the accompanying motion paper and sworn
        statement or write one of your own, stating that you are the
        customer whose records are being requested by the Government
        and either giving the reasons you believe that the records are
        not relevant to the legitimate law enforcement inquiry stated
        in this notice or any other legal basis for objecting to the
        release of the records.
          "2. File the motion and statement by mailing or delivering
        them to the clerk of any one of the following United States
        District Courts:
                                .
          "3. Serve the Government authority requesting the records by
        mailing or delivering a copy of your motion and statement to   
                     .
          "4. Be prepared to come to court and present your position in
        further detail.
          "5. You do not need to have a lawyer, although you may wish
        to employ one to represent you and protect your rights.

      If you do not follow the above procedures, upon the expiration of
      ten days from the date of service or fourteen days from the date
      of mailing of this notice, the records or information requested
      therein may be made available. These records may be transferred
      to other Government authorities for legitimate law enforcement
      inquiries, in which event you will be notified after the
      transfer;" and
        (B) ten days have expired from the date of service or fourteen
      days from the date of mailing of the notice by the customer and
      within such time period the customer has not filed a sworn
      statement and an application to enjoin the Government authority
      in an appropriate court, or the customer challenge provisions of
      section 3410 of this title have been complied with.



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