NAC679B.860. Revised privacy notices.

     1. Except as otherwise provided in NAC 679B.800 to 679B.878, inclusive, a licensee shall not, directly or through an affiliate, disclose any nonpublic personal financial information about a consumer to a nonaffiliated third party other than a disclosure described in the initial notice that a licensee provides to a consumer pursuant to NAC 679B.842, unless:

     (a) The licensee has provided the consumer with a clear and conspicuous revised notice that accurately describes the policies and practices of the licensee;

     (b) The licensee has provided the consumer with a new opt-out notice;

     (c) Before the licensee discloses the information to a nonaffiliated third party, the licensee has given the consumer a reasonable opportunity to opt out of the disclosure; and

     (d) The consumer does not opt out.

     2. Except as otherwise authorized by NAC 679B.870, 679B.872 and 679B.874, if a former customer has not had the opportunity to exercise an opt-out right, a licensee shall provide a revised notice to the former customer before disclosing:

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

     (b) Nonpublic personal financial information to a new category of nonaffiliated third party; or

     (c) Nonpublic personal financial information about a former customer to a nonaffiliated third party.

     3. A revised notice is not required if a licensee discloses nonpublic personal financial information to a new nonaffiliated third party that the licensee adequately described in a prior notice.

     4. If a licensee is required to deliver a revised privacy notice pursuant to this section, the licensee shall deliver the notice in the manner provided in NAC 679B.862.

     (Added to NAC by Comm’r of Insurance by R130-01, eff. 12-17-2002)