Idaho Administrative Code
Title IDAPA 18 - Insurance, Department of
Rule 18.01.01 - RULE TO IMPLEMENT THE PRIVACY OF CONSUMER FINANCIAL INFORMATION
Section 18.01.01.400 - LIMITS ON DISCLOSURE OF NONPUBLIC PERSONAL FINANCIAL INFORMATION TO NONAFFILIATED THIRD PARTIES
Universal Citation: ID Admin Code 18.01.01.400
Current through August 31, 2023
01. Conditions for Disclosure. (3-31-22)
a. Except as authorized in this rule, a
licensee will not, directly or through any affiliate, disclose any nonpublic
personal financial information about a consumer to a nonaffiliated third party
unless: (3-31-22)
i. The licensee has provided
to the consumer an initial notice as prescribed under Section
100; (3-31-22)
ii. The licensee has provided to the consumer
an opt out notice as prescribed in Sections
250 and
251; (3-31-22)
iii. The licensee has given the consumer a
reasonable opportunity to opt out of the disclosure before it discloses the
information to the nonaffiliated third party; and (3-31-22)
iv. The consumer does not opt out.
(3-31-22)
b. If a
consumer opts out, the licensee cannot disclose nonpublic personal financial
information about that consumer to a nonaffiliated third party, other than as
permitted by Sections
450,
451, and
452. (3-31-22)
c. Examples of a reasonable opportunity to
opt out. A licensee provides a consumer with a reasonable opportunity to opt
out if the licensee mails the notices prescribed in Subsection
400.01 of this rule to the
consumer and allows the consumer to opt out by mailing a form, calling a
toll-free telephone number, or any other reasonable means in thirty (30) days
from the date of mailing. (3-31-22)
02. Application of Opt Out to All Consumers and All Nonpublic Personal Financial Information. (3-31-22)
a. A licensee will comply with Section
400, regardless of whether the
licensee and the consumer have established a customer relationship.
(3-31-22)
b. Unless a licensee
complies with Section
400, the licensee will not disclose
any nonpublic personal financial information about a consumer that the licensee
has collected, regardless of whether the licensee collected it before or after
receiving the direction to opt out from the consumer.
(3-31-22)
03. Partial Opt Out. A licensee may allow a consumer to select certain nonpublic personal financial information or certain nonaffiliated third parties with respect to which the consumer wishes to opt out. (3-31-22)
Disclaimer: These regulations may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
