<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".04" citation="COMAR 31.16.08.04" title_num="31" subtitle_num="16" chapter_num="08" heading="Exemption from Notice and Opt Out Requirements for Nonpublic Personal Financial Information.">
  <paragraph num="A.">
    <text>A licensee is not subject to the notice and opt out requirements for nonpublic personal financial information of this chapter if:</text>
    <paragraph num="(1)">
      <text>The licensee is an employee, agent, or other representative of another licensee;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>The other licensee otherwise complies with, and provides the notices required by, the provisions of this chapter; and</text>
    </paragraph>
    <paragraph num="(3)">
      <text>The licensee does not disclose any nonpublic personal information to any person other than the other licensee or its affiliates in a manner permitted by this chapter.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>A surplus lines broker or surplus lines insurer shall be deemed to be in compliance with the notice and opt out requirements for nonpublic personal financial information of this chapter if:</text>
    <paragraph num="(1)">
      <text>The broker or insurer does not disclose nonpublic personal information of a consumer or a customer to nonaffiliated third parties for any purpose, including joint servicing or marketing under Regulation .14 of this chapter, except as permitted by Regulations .15 or .16 of this chapter; and</text>
    </paragraph>
    <paragraph num="(2)">
      <text>The broker or insurer delivers a notice to the consumer at the time a customer relationship is established on which the following is printed in 16-point type:</text>
    </paragraph>
    <aftertext>"PRIVACY NOTICE</aftertext>
  </paragraph>
</regulation>