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Contract of licensee with nonaffiliated third party; effect of agreement entered before or on July 1, 2000.

MCL 500.545
in effect
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500.545. Contract of licensee with nonaffiliated third party; effect of agreement entered before or on July 1, 2000. Sec. 545. Until July 1, 2002, a contract that a licensee has entered into with a nonaffiliated third party to perform services for the licensee or functions on the licensee's behalf satisfies the provisions of section 535(1)(b), even if the contract does not include a requirement that the third party maintain the confidentiality of nonpublic personal financial information, as long as the licensee entered into the agreement on or before July 1, 2000. Add. 2001, Act 24, Imd. Eff. June 18, 2001 [PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-545Fetched: 10/20/2026

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