Mich. Comp. Laws § 500.525: Disclosure of nonpublic personal financial information to nonaffiliated third party.
Where this section sits in the code
- MI Code
- Chapter 500
- Act Act-218-of-1956
Sec. 525.
Except as otherwise authorized in this chapter, a licensee shall not, directly or through any affiliate, disclose any nonpublic personal financial information about a consumer to a nonaffiliated third party other than as described in the initial notice unless all of the following have been met:
The licensee has provided to the consumer a clear and conspicuous revised notice that accurately describes its policies and practices.
The licensee has provided to the consumer a new opt out notice.
The licensee has given the consumer a reasonable opportunity, before the licensee discloses the information to the nonaffiliated third party, to opt out of the disclosure, and the consumer does not opt out.
Collected 2026-09-14T18:32:31Z. Source file · JSON