Idaho Administrative Code › Title IDAPA 18 - Insurance, Department of › Rule 18.01.01 - RULE TO IMPLEMENT THE PRIVACY OF CONSUMER FINANCIAL INFORMATION › Section 18.01.01.452 - OTHER EXCEPTIONS TO NOTICE AND OPT OUT REQUIREMENTS FOR DISCLOSURE OF NONPUBLIC PERSONAL FINANCIAL INFORMATION

Current through August 31, 2023
01.
Exceptions to Opt Out Requirements
. The requirements for initial
			 notice to consumers in Paragraph 100.01.b., the opt out in Sections
			 250,
			 251, and
			 400, and service providers and
			 joint marketing in Section
			 450 do not apply when a licensee
			 discloses nonpublic personal financial information: (3-31-22)
a. With the consent or at the direction of
			 the consumer; (3-31-22)
b. To
			 protect the confidentiality or security of a licensee's records pertaining to
			 the consumer, service, product or transaction; (3-31-22)
c. To protect against or prevent actual or
			 potential fraud or unauthorized transactions; (3-31-22)
d. For prescribed institutional risk control
			 or for resolving consumer disputes or inquiries; (3-31-22)
e. To persons holding a legal or beneficial
			 interest relating to the consumer; or (3-31-22)
f. To persons acting in a fiduciary or
			 representative capacity on behalf of the consumer; (3-31-22)
g. To provide information to insurance rate
			 advisory organizations, guaranty funds or agencies, agencies rating a licensee,
			 persons assessing the licensee's compliance with industry standards, and the
			 licensee's attorneys, accountants and auditors; (3-31-22)
h. To the extent specifically permitted or
			 prescribed under other provisions of law and in accordance with the federal
			 Right to Financial Privacy Act of 1978 (
			 12 U.S.C.
			 3401 et seq.), to law enforcement agencies
			 (including the Federal Reserve Board, Office of the Comptroller of the
			 Currency, Federal Deposit Insurance Corporation, Office of Thrift Supervision,
			 National Credit Union Administration, the Securities and Exchange Commission,
			 the Secretary of the Treasury, and the Federal Trade Commission), with respect
			 to 31 U.S.C. Chapter 53, Subchapter II (Records and Reports on Monetary
			 Instruments and Transactions) and 12 U.S.C. Chapter 21 (Financial
			 Recordkeeping), a state insurance authority, self-regulatory organizations or
			 for an investigation on a matter related to public safety; (3-31-22)
i. To a consumer reporting agency in
			 accordance with the federal Fair Credit Reporting Act (
			 15 U.S.C.
			 1681 et seq.); or from a consumer report
			 reported by a consumer reporting agency; (3-31-22)
j. In connection with a proposed or actual
			 sale, merger, transfer, or exchange of all or a portion of a business or
			 operating unit if the disclosure of nonpublic personal financial information
			 concerns solely consumers of the business or unit; (3-31-22)
k. To comply with federal, state or local
			 laws, rules, and other applicable legal requirements; to comply with a properly
			 authorized civil, criminal, or regulatory investigation, or subpoena or summons
			 by federal, state or local authorities; or to respond to judicial process or
			 government regulatory authorities having jurisdiction over a licensee for
			 examination, compliance, or other purposes as authorized by law;
			 (3-31-22)
l. For purposes related
			 to the replacement of a group benefit plan, a group health plan, a group
			 welfare plan or a workers' compensation plan; or (3-31-22)
m. With the consent of or at the direction of
			 a liquidator or rehabilitator appointed pursuant to Chapter 33, Title 41, Idaho
			 Code. (3-31-22)