Licensees, including a group of financial holding company affiliates that use a common privacy notice, may use the federal Model Privacy Form, if the form is accurate for each institution that uses the form. (Note that disclosure of certain information, such as assets, income and information from a consumer reporting agency, may give rise to obligations under the federal Fair Credit Reporting Act, such as a requirement to permit a consumer to opt out of disclosures to affiliates or designation as a consumer reporting agency if disclosures are made to nonaffiliated third parties.)
"If you have a joint account, your choice(s) will apply to everyone on your account unless you mark below.
[] Apply my choice(s) only to me."
The word "choice" may be written in either the singular or plural, as appropriate. Licensees that provide insurance products or services, provide this option, and elect to use the model form may substitute the word "policy" for "account" in this statement. Licensees that do not provide this option may eliminate this left column from the mail-in form.
"Do not share information about my creditworthiness with your affiliates for their everyday business purposes."
"Do not allow your affiliates to use my personal information to market to me."
"Do not share my personal information with nonaffiliates to market their products and services to me."
"Do not share my personal information to market to me."; or
"Do not use my personal information to market to me."
A licensee that chooses to offer an opt-out for joint marketing must include the following statement:
"Do not share my personal information with other financial institutions to jointly market to me."
"Your choices will apply to everyone on your account."; or
"Your choices will apply to everyone on your account unless you tell us otherwise." Licensees may substitute the word "policy" for "account" in these statements.
"Our joint marketing partners include [list categories of companies such as credit card companies]."
Wash. Admin. Code § 284-04-910
Reviser's note: The brackets and enclosed material in the text of the above section occurred in the copy filed by the agency and appear in the Register pursuant to the requirements of RCW 34.08.040.