Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-126 - STANDARDS FOR SAFEGUARDING CUSTOMER INFORMATION
Section 482-1-126-.09 - Oversee Service Provider Arrangements

Universal Citation: AL Admin Code R 482-1-126-.09

Current through Register Vol. 42, No. 5, February 29, 2024

The licensee:

(a) Exercises appropriate due diligence in selecting its service providers.

(b) Requires its service providers to implement appropriate measures designed to meet the objectives of this regulation, and, where indicated by the licensee's risk assessment, takes appropriate steps to confirm that its service providers have satisfied these obligations.

Author: Commissioner of Insurance

Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-7-44; 15 U.S.C. §§6801 - 6827.

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