California Financial Code

§ 4054

FIN § 4054 Effective Jan 1, 2004Div. 1.4

Statute text

(a)Nothing in this division shall require a financial institution to provide a written notice to a consumer pursuant to Section 4053 if the financial institution does not disclose nonpublic personal information to any nonaffiliated third party or to any affiliate, except as allowed in this division.

(b)A notice provided to a member of a household pursuant to Section 4053 shall be considered notice to all members of that household unless that household contains another individual who also has a separate account with the financial institution.

(c)(1) The requirement to send a written notice to a consumer may be fulfilled by electronic means if the following requirements are met:

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Legislative history

Added by Stats. 2003, Ch. 241, Sec. 1. Effective January 1, 2004. Section operative July 1, 2004, pursuant to Section 4060.