Confidentiality of bank customer financial records

Bars banks and their affiliates from disclosing a customer's financial records to anyone but the customer unless the request is a disclosure demand served on both the bank and the customer with an affidavit, a written customer authorization meeting statutory requirements, or another listed exception. It functions as Louisiana's state-level financial privacy act, supplementing federal GLBA and the Right to Financial Privacy Act. Act 142 of 2026 updated the supervisory-agency definition and service rules.