Statutes, codes, and regulations
Alaska Administrative Code
Title 3 - Commerce, Community, and Economic DevelopmentPart 2 - Division of InsuranceChapter 26 - Trade Practices
Article 5 - Privacy of Consumer Financial and Health Information
Section 3 AAC 26.630 - Revised privacy notice

3 Alaska Admin. Code § 26.630

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Current through September 25, 2024
Section 3 AAC 26.630 - Revised privacy notice

Except as otherwise allowed under 3 AAC 26.605 - 3 AAC 26.749, 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 provided to the consumer under 3 AAC 26.610 unless the consumer does not opt out after the licensee has provided the consumer a

(1) clear and conspicuous revised notice that accurately describes the licensee's privacy policies and practices;
(2) new opt out notice that complies with 3 AAC 26.625; and
(3) reasonable opportunity under 3 AAC 26.645(a) (3) to opt out before disclosing information to a nonaffiliated third party.

3 AAC 26.630

Eff. 1/1/2005, Register 172

In 2010 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 21.36.162 as AS 21.36.510. As of Register 196 (January 2011), the regulations attorney made a conforming technical revision under AS 44.62.125(b)(6), to the authority citation that follows 3 AAC 26.630, so that the citation to former AS 21.36.162 now refers to the renumbered statute, AS 21.36.510.

Authority:AS 21.06.090

AS 21.36.510