LD 1638
pg. 5
Page 4 of 13 An Act Concerning the Regulation of Certain Information to Protect Privacy ... Page 6 of 13
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LR 2052
Item 1

 
Regulations, Part 573 (2001); the National Credit Union
Administration, 12 Code of Federal Regulations, Part 716
(2001); the Federal Trade Commission, 16 Code of Federal
Regulations, Part 313 (2001); or the Securities and Exchange
Commission, 17 Code of Federal Regulations, Part 248 (2001).
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; or

 
Sec. A-6. 9-B MRSA §162-A is enacted to read:

 
§162-A.__Disclosure of nonpublic personal information to

 
nonaffiliated 3rd party

 
1. Opt in; disclosure to nonaffiliated 3rd party.__A financial
institution authorized to do business in this State or credit
union authorized to do business in this State 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disclosure in writing and has not withdrawn that consent.__This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 financial institution authorized to do business
in this State or credit union authorized to do business in this
State to a nonaffiliated 3rd party to the extent such a
disclosure is otherwise permitted by this chapter or 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-7. 9-B MRSA §241, sub-§13, as reallocated by RR 2001, c. 1,
§15, is amended to read:

 
13. Privacy of consumer information. A financial institution
authorized to do business in this State or a credit union
authorized to do business in this State shall comply with the
provisions of section 162-A and the federal Gramm-Leach-Bliley
Act, 15 United States Code, Section 6801 et seq. (1999) and the
applicable implementing federal Privacy of Consumer Information
regulations, as adopted by the Office of the Comptroller of the
Currency, 12 Code of Federal Regulations, Part 40 (2001); the
Board of Governors of the Federal Reserve System, 12 Code of
Federal Regulations, Part 216 (2001); the Federal Deposit
Insurance Corporation, 12 Code of Federal Regulations, Part 332
(2001); the Office of Thrift Supervision, 12 Code of


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