CT SB01338

Requires a notarized statement from a parent or legal guardian attesting to their relationship before a licensee can allow opening a money sharing application account for a minor (under 18), effective October 1, 2025

Mandates licensees delete a minor's account and cease processing their personal data within 15 business days of receiving a deletion request from the minor or their parent/legal guardian, with a possible 15-day extension for complex requests

Allows minors or their parents/legal guardians to request all data associated with the account, including transaction history and the identity of who opened the account

Requires licensees to establish and describe in a privacy notice secure methods for submitting deletion requests; providing a mechanism to initiate account deletion satisfies compliance

Violations constitute unfair trade practices enforceable solely by the Attorney General, with no private right of action created