LD 661
pg. 10
Page 9 of 13 An Act To Amend the Laws Governing Privacy of Consumer Financial Information ... Page 11 of 13
Download Bill Text
LR 214
Item 1

 
have the same meanings as in the federal Gramm-Leach-Bliley Act,
15 United States Code, Section 6801 et seq. (1999).

 
Sec. A-16. 32 MRSA §10206 is enacted to read:

 
§10206.__Disclosure of nonpublic personal information to

 
nonaffiliated 3rd party

 
1. Opt in; disclosure to nonaffiliated 3rd party.__A person
subject to this chapter may not disclose, directly or through
an affiliate, to a nonaffiliated 3rd party any nonpublic
personal information unless the person to whom the information
pertains has affirmatively consented to the disclosure in
writing and has not withdrawn that consent.__This subsection
does not prohibit the disclosure of nonpublic personal
information by a person subject to this chapter to a
nonaffiliated 3rd party to the extent such a disclosure is
permitted by the federal Gramm-Leach-Bliley Act, 15 United
States Code, Section 6802, subsection b, paragraph 2 and
subsection e.

 
2. Use of terms.__As used in this section, unless the
context otherwise indicates, the terms "affiliate,"
"nonaffiliated 3rd party" and "nonpublic personal information"
have the same meanings as in the federal Gramm-Leach-Bliley
Act, 15 United States Code, Section 6801 et seq. (1999).

 
Sec. A-17. 32 MRSA §10313, sub-§1, śL, as enacted by PL 2001, c. 262,
Pt. D, §3, is amended to read:

 
L. Has failed to comply with the requirements of section
10206 or the privacy provisions of the federal Gramm-
Leach-Bliley Act, 15 United States Code, Section 6801 et
seq. (1999) and the implementing Regulation S-P, federal
Privacy of Consumer Financial Information, 17 Code of
Federal Regulations, Part 248 (2001) adopted by the United
States Securities and Exchange Commission. This paragraph
is not intended to permit the release of health care
information except as permitted by Title 22, section 1711-
C or Title 24-A, chapter 24.

 
Sec. A-18. 32 MRSA §11018, as enacted by PL 2001, c. 262, Pt. E,
§4, is repealed and the following enacted in its place:

 
§11018.__Privacy of consumer financial information

 
1.__Compliance with federal law and regulations.__Except as
provided in subsection 2 with respect to disclosure of
nonpublic personal information to nonaffiliated 3rd parties, a
collection agency or repossession company shall comply with
the provisions of the federal Gramm-Leach-Bliley Act, 15
United States Code,


Page 9 of 13 Top of Page Page 11 of 13