Tenn. Comp. R. & Regs. 0780-01-72-.26

Current through June 26, 2024
Section 0780-01-72-.26 - EFFECTIVE DATE
(1) Effective date. These regulations impose substantially and materially the same requirements as Public Necessity Rules that became effective July 1, 2001. These regulations are intended to make permanent the requirements of the Public Necessity Rules. These regulations are intended to become effective on or after November 19, 2001.
(2)
(a) Notice requirement for consumers who are the licensee's customers on the compliance date. By July 1, 2001, a licensee shall provide an initial notice, as required by Section 0780-1-72-.05, to consumers who are the licensee's customers on July 1, 2001.
(b) Example. A licensee provides an initial notice to consumers who are its customers on July 1, 2001, if, by that date, the licensee has established a system for providing an initial notice to all new customers and has mailed the initial notice to all the licensee's existing customers.
(3) Two-year grandfathering of service agreements. Until July 1, 2002, a contract that a licensee has entered into with a nonaffiliated third party to perform services for the licensee or functions on the licensee's behalf satisfies the provisions of Section 0780-1-72-.14(1)(a) 2. of these regulations, even if the contract does not include a requirement that the third party maintain the confidentiality of nonpublic personal information, as long as the licensee entered into the agreement on or before July 1, 2000.

Tenn. Comp. R. & Regs. 0780-01-72-.26

Original rule filed August 30, 2001; effective November 13, 2001.

Authority: Public Acts of 2001; Chapter 107; §1.