Idaho Administrative Code
Title IDAPA 18 - Insurance, Department of
Rule 18.01.01 - RULE TO IMPLEMENT THE PRIVACY OF CONSUMER FINANCIAL INFORMATION
Section 18.01.01.450 - EXCEPTION TO OPT OUT REQUIREMENTS FOR DISCLOSURE OF NONPUBLIC PERSONAL FINANCIAL INFORMATION FOR SERVICE PROVIDERS AND JOINT MARKETING
Universal Citation: ID Admin Code 18.01.01.450
Current through August 31, 2023
01. General Rule. (3-31-22)
a. The opt out requirements in Sections
250,
251 and
400 do not apply when a licensee
provides nonpublic personal financial information to a nonaffiliated third
party to perform services for the licensee or functions on the licensee's
behalf, if the licensee: (3-31-22)
i.
Provides the initial notice in accordance with Section
100; and (3-31-22)
ii. Enters into a contractual agreement with
the third party that prohibits the third party from disclosing or using the
information other than to carry out the purposes for which the licensee
disclosed the information, including use under an exception in Section
451 or
452 in the ordinary course of
business to carry out those purposes. (3-31-22)
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