LD 661
pg. 7
Page 6 of 13 An Act To Amend the Laws Governing Privacy of Consumer Financial Information ... Page 8 of 13
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LR 214
Item 1

 
nonpublic personal information by a regulated insurance entity
or insurance support organization to a nonaffiliated 3rd party
to the extent such a disclosure is permitted by subsection 1 or
the federal Gramm-Leach-Bliley Act, 15 United States Code,
Section 6802, subsection b, paragraph 2 and subsection e.__As
used in this subsection, 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-13. 30-A MRSA §3964-A, sub-§4, as enacted by PL 2001, c. 262,
Pt. E, §1, is repealed and the following enacted in its place:

 
4.__Privacy of consumer financial information.__The privacy
of consumer financial information is subject to the following.

 
A.__Except as provided in paragraph B with respect to
disclosure of nonpublic personal information to
nonaffiliated 3rd parties, a pawnbroker shall comply with
the provisions of 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
Federal 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), if the pawnbroker is a financial
institution as defined in those regulations.__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.

 
B.__A pawnbroker required to comply with paragraph A 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 paragraph does not prohibit the disclosure of
nonpublic personal information by a pawnbroker to a
nonaffiliated 3rd party to the extent such a disclosure is
permitted by the federal Gramm-Leach-Bliley


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