Iowa Admin. Code r. 191-90.11
Current through Register Vol. 47, No.14, January 8, 2025
Rule 191-90.11 - Limits on sharing account number information for marketing purposes(1) A licensee shall not directly or through an affiliate disclose, other than to a consumer reporting agency, a policy number or similar form of access number or access code for a consumer's policy or transaction account to any nonaffiliated third party for use in telemarketing, direct-mail marketing or marketing through electronic mail to the consumer.(2) The above subrule does not apply if a licensee discloses a policy number or similar form of access number or access code to any of the following: a. A licensee's service provider solely in order to perform marketing for the licensee's own products or services, as long as the service provider is not authorized to directly initiate charges to the account;b. A licensee who is a producer solely in order to perform marketing for the licensee's own products or services; orc. A participant in an affinity or similar program where the participants in the program are identified to the customer when the customer enters into the program. A policy number or similar form of access number or access code does not include a number or code in encrypted form as long as the licensee does not provide the recipient with a means to decode the number or code.
For purposes of this subrule, a policy or transaction account is an account other than a deposit account or a credit card account. A policy or transaction account does not include an account to which third parties cannot initiate charges.
Iowa Admin. Code r. 191-90.11
Adopted by IAB March 20, 2024/Volume XLVI, Number 19, effective 4/24/2024