Section 679B.848 - Other information to be included in certain privacy notices; short form initial notice for noncustomers1. If a licensee discloses nonpublic personal financial information pursuant to the exception in NAC 679B.870 to a nonaffiliated third party to market products or services that the licensee offers alone or jointly with another financial institution, the licensee satisfies the disclosure requirement of paragraph (f) of subsection 1 of NAC 679B.846 if the licensee:(a) Lists the categories of nonpublic personal financial information it discloses, using the same categories and examples the licensee used to meet the requirements of NAC 679B.846, if applicable; and(b) States whether the third party is:(1) A service provider that performs marketing services on behalf of the licensee, or on behalf of the licensee and another financial institution; or(2) A financial institution with whom the licensee has a joint marketing agreement.2. If a licensee does not disclose, and does not wish to reserve the right to disclose, nonpublic personal financial information about customers or former customers to affiliates or nonaffiliated third parties except as authorized pursuant to NAC 679B.872 and 679B.874, the licensee may simply state that fact, in addition to the information required pursuant to paragraphs (a), (h) and (i) of subsection 1 and subsection 2 of NAC 679B.846.3. A licensee describes its policies and practices with respect to protecting the confidentiality and security of nonpublic personal financial information if the licensee does both of the following:(a) Describes in general terms who is authorized to have access to the information; and(b) States whether the licensee has security practices and procedures in place to ensure the confidentiality of the information in accordance with the policy of the licensee. The licensee is not required to describe technical information about the safeguards used by the licensee.4. A licensee may satisfy the initial notice requirements of NAC 679B.842 and 679B.856 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 pursuant to NAC 679B.856.5. A short form initial notice must:(a) Be clear and conspicuous;(b) State that the privacy notice of the licensee is available upon request; and(c) Explain a reasonable means for the consumer to obtain the notice.6. A licensee shall deliver the short form initial notice in the manner provided by NAC 679B.862. A licensee is not required to deliver the privacy notice with the short form initial notice. A licensee may provide the consumer with a reasonable means to obtain the privacy notice. If a consumer who receives the short form notice of the licensee requests the privacy notice of the licensee, the licensee shall deliver the privacy notice in the manner provided by NAC 679B.862.7. The licensee's notice may include: (a) Categories of nonpublic personal financial information that the licensee reserves the right to disclose in the future, but does not currently disclose; and(b) Categories of affiliates or nonaffiliated third parties to whom the licensee reserves the right in the future to disclose, but to whom the licensee does not currently disclose, nonpublic personal financial information.8. For the purposes of this section, a licensee provides a reasonable means for a consumer to obtain a copy of the privacy notice of the licensee if the licensee: (a) Provides a toll-free telephone number that the consumer may call to request the notice; or(b) For a consumer who conducts business in person at the offices of the licensee, maintains copies of the notice on hand that the licensee provides to the consumer immediately upon request.Nev. Admin. Code § 679B.848
Added to NAC by Comm'r of Insurance by R130-01, eff. 12-17-2002