Limits on disclosure of nonpublic personal information to nonaffiliated third parties.

CFR · 2024-01-01 · US · Title 12

(a)(1) (i) You have provided to the consumer an initial notice as required under § 1016.4 of this part; (ii) You have provided to the consumer an opt out notice as required in § 1016.7 of this part; (iii) You have given the consumer a reasonable opportunity, before you disclose the information to the nonaffiliated third party, to opt out of the disclosure; and (iv) The consumer does not opt out. (2) (3) (i) (ii) (iii) (b) (2) Unless you comply with this section, you may not, directly or through any affiliate, disclose any nonpublic personal information about a consumer that you have collected, regardless of whether you collected it before or after receiving the direction to opt out from the consumer. (c)

official document · source cfr-2024 · id 12:§ 1016.10