Section 380-H. Restrictions on investigative consumer reports

(a) Whenever
  a consumer reporting agency prepares an investigative  consumer  report,
  no adverse information in such report, other than information which is a
  matter of public record, may be included in a subsequent consumer report
  unless  such  adverse  information  has  been verified in the process of
  making such subsequent consumer report, unless the  adverse  information
  was received within the three month period preceding the date upon which
  the subsequent report is furnished.
    (b) Each investigative consumer report shall be in writing, and a copy
  thereof  shall be retained by the consumer reporting agency for at least
  one year after it is issued.