Can I use third-party file sharing tools that collect personal information in Michigan? What are the requirements?

According to Michigan law, a licensee shall not disclose any nonpublic personal financial information about a consumer to a nonaffiliated third party unless the licensee has provided the consumer with an initial notice, an opt-out notice, and a reasonable opportunity to opt-out of the disclosure ^[1.2][1.4]. Therefore, if a third-party file sharing tool collects personal financial information, it must comply with these requirements in Michigan. It is recommended to review the privacy policy of the third-party file sharing tool to ensure compliance with Michigan law.

Source(s):

• [1.2] Disclosure of nonpublic personal financial information to nonaffiliated third party.
• [1.4] Disclosure of nonprofit personal financial information to nonaffiliated third party; reasonable opportunity; opt out notice.

Jurisdiction

Michigan

• Privacy