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2012 311 STATE OF CALIFORNIA LAW REVISION COMMISSION RECOMMENDATION Statutory Clarification and Simplification of CID Law: Cleanup Legislation December 2012 California Law Revision Commission 4000
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CID cleanup v12 is a process to clean up and remove unnecessary or outdated Customer Identification Data.
Financial institutions and businesses that hold customer identification data are required to file CID cleanup v12.
CID cleanup v12 can be filled out by updating the customer identification data and removing any outdated or unnecessary information.
The purpose of CID cleanup v12 is to ensure that customer identification data is accurate and up-to-date, which is important for regulatory compliance and security.
CID cleanup v12 must report any changes or updates to customer identification data, as well as any data that has been removed or cleaned up.
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