A financial institution must have a customer’s consent before the financial institution may disclose the customer’s information to a nonaffiliated third party under a joint marketing agreement as provided under section 502(b)(2) of the federal Financial Services Modernization Act of 1999 [Pub. L. 106-102; 113 Stat. 1437; 15 U.S.C. § 6802(b)(2)].

Terms Used In North Dakota Code 6-08.1-09

  • Financial institution: means any bank, industrial loan company, or savings and loan association organized under the laws of this state or of the United States. See North Dakota Code 6-01-02
  Previous section
Next section  
 Chapter 6-08.1 Contents