1. (1) Except as otherwise permitted, a licensee may not, directly or through an affiliate, disclose nonpublic personal financial information about a consumer to a nonaffiliated third party other than as described in the initial notice under Section R590-206-5, unless:

   1. (a) the licensee provides the consumer a clear and conspicuous revised notice that accurately describes its policies and practices;
   2. (b) the licensee provides the consumer a new opt out notice;
   3. (c) the licensee gives the consumer a reasonable opportunity to opt out of the disclosure before the licensee discloses the information to the nonaffiliated third party; and
   4. (d) the consumer does not opt out.

2. (2)(a) Except as otherwise permitted by Sections R590-206-15 through R590-206-17, a licensee shall provide a revised notice before it discloses:

   1. (i) a new category of nonpublic personal financial information to any nonaffiliated third party;

      1. (ii) nonpublic personal financial information to a new category of nonaffiliated third party; or
      2. (iii) nonpublic personal financial information about a former customer to a nonaffiliated third party, if that former customer has not had the opportunity to exercise an opt out right regarding that disclosure.
   2. (b) A revised notice is not required if the licensee discloses nonpublic personal financial information to a new nonaffiliated third party that the licensee adequately described in its prior notice.
3. (3) When a licensee is required to deliver a revised privacy notice, the licensee shall deliver it according to Section R590-206-11.

KEY: insurance law

Date of Last Change: November 21, 2023

Notice of Continuation: May 19, 2026

Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-23a-417; 15 U.S.C. 6801-6820