Miss. Code § 63-19-59

Current through the 2024 Regular Session
Section 63-19-59 - Employees of licensees may work remotely subject to certain conditions
(1) Notwithstanding any other law to the contrary, nothing in this chapter shall be interpreted to interfere with employees of a licensee, licensed under this Chapter 19, Title 63, Mississippi Code of 1972, working from home or another remote location selected by the employee, provided that the licensee:
(a) Ensures all in-person customer interactions will not be conducted at home or other remote location through videoconference or teleconference mechanisms, and will not designate the home or other remote location to consumers or customers as a business location;
(b) Maintains appropriate safeguards for licensee and consumer data, information and records, including the use of secure virtual private networks where appropriate;
(c) Employs appropriate risk-based monitoring and oversight processes of work performed from home or other remote location, and maintains records of the same;
(d) Ensures consumer information and records, in their tangible form or kept on portable electronic storage devices, are not maintained at home or other remote location;
(e) Ensures consumer and licensee information and records remain accessible and available for regulatory oversight and exams; and
(f) Provides appropriate employee training to keep all conversations about, and with, consumers conducted from home or other remote location confidential, as if conducted from a commercial location, and to ensure remote employees work in an environment conducive and appropriate to that privacy.
(g) Designate a separate area dedicated solely to conducting the business of a sales finance licensee.
(2) The provisions of this sections shall not be applicable to any bank, trust company, private banker, industrial bank or investment company authorized to do business in this state, and which routinely engages in the practice of financing the sales of motor vehicles, exempted from licensure under Section 63-19-7.

Miss. Code § 63-19-59

Added by Laws, 2023, ch. 413, HB 1030,§ 1, eff. 3/22/2023.