Wisconsin Administrative Code
Office of the Commissioner of Insurance
Chapter Ins 25 - Privacy Of Consumer Financial And Health Information
Subchapter VI - Additional Provisions
Section Ins 25.95 - Effective date
Universal Citation: WI Admin Code ยง Ins 25.95
Current through August 26, 2024
(1) APPLICABILITY. Enforcement under section 505 of the Gramm-Leach-Bliley Act (PL 102-106) is effective only on and after the effective date of this rule.
(2) PHASE IN.
(a) Phased in notice requirement for
consumers who are the licensee's customers on the compliance date. Beginning on
the first day of the fourth month commencing after the after publication of
this rule and by not later than June 30, 2002 a licensee shall provide an
initial notice, as required by s.
Ins 25.10, to consumers who are the licensee's customers
on the first day of the fourth month commencing after the after publication of
this rule.
(b) Example. A licensee
provides an initial notice to consumers who are its customers on the first day
of the fourth month commencing after the after publication of this rule, if, by
that date, the licensee has established a system for providing an initial
notice to all new customers and if by June 30, 2002 the licensee has mailed the
initial notice to all the licensee's existing customers.
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