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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 500.525: Disclosure of nonpublic personal financial information to nonaffiliated third party.

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Where this section sits in the code
  1. MI Code
  2. Chapter 500
  3. 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

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