[§431:3A-205]  Revised privacy notices.  (a)  Except as otherwise provided in this article, a licensee shall not, directly or through an affiliate, disclose any nonpublic personal financial information about a consumer to a nonaffiliated third party other than as described in the initial notice that the licensee provided to that consumer under section 431:3A-201, unless:

     (1)  The licensee has provided to the consumer a clear and conspicuous revised notice that accurately describes its policies and practices;

     (2)  The licensee has provided to the consumer a new opt out notice;

     (3)  The licensee has given the consumer a reasonable opportunity, before the licensee discloses the information to the nonaffiliated third party, to opt out of the disclosure; and

     (4)  The consumer does not opt out.

     (b)  If a licensee is required to deliver a revised privacy notice under subsection (a), the licensee shall deliver it in accordance with section 431:3A-206. [L 2001, c 220, pt of §1]