reglab/housing_qa huggingface dataset:
MI Comp L § 500.509 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.509 - Customer Relationship; Time of Establishment; Continuing Relationship; Revised Privacy Notice for New Insurance Product or Service.

500.509 Customer relationship; time of establishment; continuing relationship; revised privacy notice for new insurance product or service. Sec. 509.  (1) A licensee establishes a customer relationship at the time the licensee and the consumer enter into a continuing relationship. A continuing relationship includes, but is not limited to, all of the following:  (a) For an insurer, when the consumer receives the delivery of an insurance policy or contract.  (b) For a producer, when the consumer obtains insurance through that licensee.  (c) When the consumer agrees to obtain financial, economic, or investment advisory services relating to insurance products or services for a fee from the licensee.  (2) An individual does not have a continuing relationship with a licensee as follows:  (a) If the individual's policy is lapsed, expired, or otherwise inactive or dormant under the licensee's business practices and the licensee has not communicated with the individual about the policy for a period of 12 consecutive months, other than to provide annual privacy notices, material required by law or regulation, communication at the direction of a state or federal authority, or promotional materials.  (b) If the individual is an insured or an annuitant under an insurance policy or annuity, but is not the policyholder or owner of the insurance policy or annuity.  (c) If the individual's last known address according to the licensee's records is invalid. An address of record is considered invalid if mail sent to that address by the licensee has been returned by the postal authorities as undeliverable and if subsequent attempts by the licensee to obtain a current, valid address for the individual have been unsuccessful.  (3) Except as otherwise provided in this subsection, when an existing customer obtains a new insurance product or service from a licensee that is to be used primarily for personal, family, or household purposes, the licensee shall provide a revised privacy notice that meets the requirements of section 525 and that covers the customer's new insurance product or service. If the initial, revised, or annual notice that the licensee most recently provided to that customer under this chapter is accurate with respect to the new insurance product or service, the licensee does not need to provide a new privacy notice under this subsection. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.511 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.511 - Initial Notice; Conditions; Delivery.

500.511 Initial notice; conditions; delivery. Sec. 511.  (1) A licensee may provide the initial notice within a reasonable time after the licensee establishes a customer relationship if establishing the customer relationship is not at the customer's election or providing notice not later than when the licensee establishes a customer relationship would substantially delay the customer's transaction and the customer agrees to receive the notice at a later time.  (2) When a licensee is required to deliver an initial notice under this section, the licensee shall deliver it according to section 527. If the licensee uses a short-form initial notice for noncustomers according to section 517, the licensee may deliver its privacy notice according to section 517(3). History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.513 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.513 - Annual Notice Required; “Annually” Defined; Exception.

500.513 Annual notice required; “annually” defined; exception.Sec. 513.  (1) Except as otherwise provided in subsection (2), a licensee shall provide a clear and conspicuous notice to customers that accurately reflects its privacy policies and practices not less than annually during the continuation of the customer relationship. As used in this subsection, "annually" means at least once in any period of 12 consecutive months during which that customer relationship exists. A licensee may define the 12-consecutive-month period, but the licensee shall apply it to the customer on a consistent basis.  (2) A licensee is not required to provide an annual notice under subsection (1) if all of the following apply:  (a) The licensee only provides nonpublic personal information to a nonaffiliated third party under section 535, 537, or 539.  (b) The licensee's privacy policies and practices about disclosing nonpublic personal information have not changed from the previous notice the licensee provided to the customer under subsection (1) or section 511.  (3) A licensee is not required to provide an annual notice under subsection (1) to a former customer. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 ;-- Am. 2020, Act 90, Eff. Sept. 14, 2020 Popular Name: Act 218
MI Comp L § 500.517 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.517 - Initial Notice Requirements for Consumer Not a Customer; Short-Form Initial Notice; Delivery.

500.517 Initial notice requirements for consumer not a customer; short-form initial notice; delivery. Sec. 517.  (1) A licensee may satisfy the initial notice requirements in sections 507 and 519(3) for a consumer who is not a customer by providing a short-form initial notice at the same time as the licensee delivers an opt out notice as required in section 519.  (2) A short-form initial notice under subsection (1) shall be clear and conspicuous, state that the licensee's privacy notice is available upon request, and explain a reasonable means by which the consumer may obtain that notice.  (3) The licensee shall deliver its short-form initial notice according to section 527. The licensee is not required to deliver its privacy notice with its short-form initial notice and may provide the consumer a reasonable means to obtain its privacy notice. If a consumer who receives the licensee's short-form notice requests the licensee's privacy notice, the licensee shall deliver its privacy notice according to section 527. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.519 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.519 - Opt Out Notice; Requirements.

500.519 Opt out notice; requirements. Sec. 519.  (1) If a licensee is required to provide an opt out notice under section 529, it shall provide a clear and conspicuous notice to each of its consumers that accurately explains the right to opt out under that section. The notice shall state all of the following:  (a) That the licensee discloses or reserves the right to disclose nonpublic personal financial information about its consumer to a nonaffiliated third party.  (b) That the consumer has the right to opt out of that disclosure.  (c) A reasonable means by which the consumer may exercise the opt out right.  (2) A licensee may provide the required opt out notice together with or on the same written or electronic form as the initial notice.  (3) If a licensee provides the opt out notice later than required for the initial notice, the licensee shall also include a copy of the initial notice with the opt out notice in writing or, if the consumer agrees, electronically. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.521 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.521 - Opt Out Notice to Joint Consumers.

500.521 Opt out notice to joint consumers. Sec. 521.  (1) If 2 or more consumers jointly obtain an insurance product or service from a licensee, the licensee may provide a single opt out notice. The licensee's opt out notice shall explain how the licensee will treat an opt out direction by a joint consumer and may either treat an opt out direction by a joint consumer as applying to all of the associated joint consumers or permit each joint consumer to opt out separately.  (2) If a licensee permits under subsection (1) each joint consumer to opt out separately, the licensee shall permit 1 of the joint consumers to opt out on behalf of all of the joint consumers. A licensee may not require all joint consumers to opt out before it implements any opt out direction. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.523 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.523 - Consumer's Opt Out Direction; Compliance Requirements.

500.523 Consumer's opt out direction; compliance requirements. Sec. 523.  (1) A licensee shall comply with a consumer's opt out direction as soon as reasonably practicable after the licensee receives it.  (2) A consumer may exercise the right to opt out at any time. A consumer's direction to opt out under this subsection is effective until the consumer revokes it in writing or, if the consumer agrees, revokes it electronically.  (3) If a customer relationship terminates, the customer's opt out direction shall continue to apply to the nonpublic personal financial information that the licensee collected during or related to that relationship. If the individual subsequently establishes a new customer relationship with the licensee, the opt out direction that applied to the former relationship does not apply to the new relationship. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.525 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.525 - Disclosure of Nonpublic Personal Financial Information to Nonaffiliated Third Party.

500.525 Disclosure of nonpublic personal financial information to nonaffiliated third party. 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:  (a) The licensee has provided to the consumer a clear and conspicuous revised notice that accurately describes its policies and practices.  (b) The licensee has provided to the consumer a new opt out notice.  (c) 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. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.529 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.529 - Disclosure of Nonprofit Personal Financial Information to Nonaffiliated Third Party; Reasonable Opportunity; Opt Out Notice.

500.529 Disclosure of nonprofit personal financial information to nonaffiliated third party; reasonable opportunity; opt out notice. Sec. 529.  (1) Except as otherwise provided 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 unless all of the following are met:  (a) The licensee has provided to the consumer an initial notice.  (b) The licensee has provided to the consumer an opt out notice as required in section 519.  (c) The licensee has given the consumer a reasonable opportunity, before it discloses the information to the nonaffiliated third party, to opt out of the disclosure and the consumer does not opt out.  (2) A licensee provides a consumer with a reasonable opportunity to opt out under subsection (1) in any of the following ways:  (a) If the licensee mails the notices required in subsection (1) to the consumer and allows the consumer to opt out by mailing a form, calling a toll-free telephone number, or any other reasonable means within 30 days from the date the licensee mailed the notices.  (b) A customer opens an on-line account with a licensee and agrees to receive the notices required in subsection (1) electronically, and the licensee allows the customer to opt out by any reasonable means within 30 days after the date that the customer acknowledges receipt of the notices in conjunction with opening the account.  (c) For an isolated transaction such as providing the consumer with an insurance quote, if the licensee provides the notices required in subsection (1) at the time of the transaction and requests that the consumer decide, as a necessary part of the transaction, whether to opt out before completing the transaction.  (3) This section applies to a licensee whether or not the licensee and the consumer have established a customer relationship.  (4) Unless a licensee complies with this section, the licensee shall not, directly or through any affiliate, disclose any nonpublic personal financial information about a consumer that the licensee has collected, regardless of whether the licensee collected it before or after receiving the direction to opt out from the consumer.  (5) A licensee may allow a consumer to select certain nonpublic personal financial information or certain nonaffiliated third parties with respect to which the consumer wishes to opt out. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.531 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.531 - Receipt of Nonpublic Personal Financial Information From Nonaffiliated Financial Institution; Limitation on Disclosure.

500.531 Receipt of nonpublic personal financial information from nonaffiliated financial institution; limitation on disclosure. Sec. 531.  (1) If a licensee receives nonpublic personal financial information from a nonaffiliated financial institution under an exception in section 537 or 539, the licensee's disclosure and use of that information is limited as follows:  (a) The licensee may disclose the information to the affiliates of the financial institution from which the licensee received the information.  (b) The licensee may disclose the information to its affiliates, but the licensee's affiliates may, in turn, disclose and use the information only to the extent that the licensee may disclose and use the information.  (c) The licensee may disclose and use the information pursuant to an exception in section 537 or 539 in the ordinary course of business to carry out the activity covered by the exception under which the licensee received the information.  (2) If a licensee receives nonpublic personal financial information from a nonaffiliated financial institution other than under an exception in section 537 or 539, the licensee may disclose the information only as follows:  (a) To the affiliates of the financial institution from which the licensee received the information.  (b) To its affiliates, but its affiliates may, in turn, disclose the information only to the extent that the licensee may disclose the information.  (c) To any other person, if the disclosure would be lawful if made directly to that person by the financial institution from which the licensee received the information.  (3) If a licensee discloses nonpublic personal financial information to a nonaffiliated third party under an exception in section 537 or 539, the third party may disclose and use that information only as follows:  (a) To the licensee's affiliates.  (b) To its affiliates, but its affiliates may, in turn, disclose and use the information only to the extent that the third party may disclose and use the information.  (c) Pursuant to an exception in section 537 or 539 in the ordinary course of business to carry out the activity covered by the exception under which it received the information.  (4) If a licensee discloses nonpublic personal financial information to a nonaffiliated third party other than under an exception in section 537 or 539, the third party may disclose the information only as follows:  (a) To the licensee's affiliates.  (b) To the third party's affiliates, but the third party's affiliates may, in turn, disclose the information only to the extent the third party can disclose the information.  (c) To any other person, if the disclosure would be lawful if the licensee made it directly to that person. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.533 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.533 - Disclosure of Policy or Account Number.

500.533 Disclosure of policy or account number. Sec. 533.  (1) A licensee shall not, directly or through an affiliate, disclose, other than to a consumer reporting agency, a policy or account number or other access number or access code for a consumer's policy, credit card account, deposit account, or transaction account to any nonaffiliated third party for use in telemarketing, direct mail marketing, or other marketing through electronic mail to the consumer.  (2) Subsection (1) does not apply if a licensee discloses a policy or account number or other access number or access code as follows:  (a) To the 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) To a licensee who is a producer solely in order to perform marketing for the licensee's own products or services.  (c) To 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.  (3) Subsection (1) does not apply if the policy or account number, or other access number or access code, is in an encrypted form, as long as the licensee does not provide the recipient with a means to decode the number or code.  (4) As used in this section, "transaction account" means an account other than a deposit account or a credit card account. A transaction account does not include an account to which third parties cannot initiate charges. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.535 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.535 - Applicability of Opt Out Requirements in MCL 500.519 and 500.529; “Joint Agreement” Defined.

500.535 Applicability of opt out requirements in MCL 500.519 and 500.529; “joint agreement” defined. Sec. 535.  (1) The opt out requirements in sections 519 and 529 do not apply when a licensee provides nonpublic personal financial information to a nonaffiliated third party to perform services for the licensee or functions on the licensee's behalf, if the licensee does both of the following:  (a) Provides the initial notice.  (b) Enters into a contractual agreement with the third party that prohibits the third party from disclosing or using the information other than to carry out the purposes for which the licensee disclosed the information, including use under an exception in section 537 or 539 in the ordinary course of business to carry out those purposes.  (2) The services a nonaffiliated third party performs for a licensee under subsection (1) may include marketing of the licensee's own products or services or marketing of insurance products or services offered pursuant to joint agreements between the licensee and 1 or more financial institutions.  (3) As used in this section, "joint agreement" means a written contract pursuant to which a licensee and 1 or more financial institutions jointly offer, endorse, or sponsor a financial product or service. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.540 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.540 - Use or Disclosure of Nonpublic Personal Financial Information by Certain Associations or Facilities.

500.540 Use or disclosure of nonpublic personal financial information by certain associations or facilities. Sec. 540.  The Michigan life and health guaranty association, the property and casualty guaranty association, the Michigan automobile insurance placement facility, the Michigan worker's compensation placement facility, and the assigned claims facility created under section 3171 shall not disclose or use nonpublic personal financial information except as provided in section 537(1)(a) to (e) or section 539(a) to (o). History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.541 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.541 - Operation of Fair Credit Reporting Act; Construction of Chapter.

500.541 Operation of fair credit reporting act; construction of chapter. Sec. 541.  Nothing in this chapter shall be construed to modify, limit, or supersede the operation of the fair credit reporting act, title VI of the consumer credit protection act, Public Law 90-321, 15 U.S.C. 1681 to 1681u, and no inference shall be drawn on the basis of the provisions of this chapter regarding whether information is transaction or experience information under section 603 of the fair credit reporting act, title VI of the consumer credit protection act, Public Law 90-321, 15 U.S.C. 1681a. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218
MI Comp L § 500.543 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-5 - Chapter 5 Privacy of Financial Information (500.501...500.547)|Section 500.543 - Consumer Opting Out From Disclosure; Discrimination Prohibited.

500.543 Consumer opting out from disclosure; discrimination prohibited. Sec. 543.  A licensee shall not unfairly discriminate against any consumer because that consumer has opted out or intends to opt out from the disclosure of his or her nonpublic personal financial information pursuant to the provisions of this chapter. History: Add. 2001, Act 24, Imd. Eff. June 18, 2001 Popular Name: Act 218