source:
  type: regulation
  id: reg-p-1016.10
  authority: 12 CFR §1016.10 — Limits on disclosure of nonpublic personal information
    to nonaffiliated third parties (Regulation P)
  description: 12 CFR §1016.10 — Limits on disclosure of nonpublic personal information
    to nonaffiliated third parties.
  coverage_tier: operative
obligations:
- id: reg-p-1016.10-full
  canonical_id: reg-p-1016.10-full
  section: 12 CFR §1016.10 — Limits on disclosure of nonpublic personal information
    to nonaffiliated third parties
  type: do
  tags:
  - regulator-direct
  - glba-privacy
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: 12 CFR §1016.10 — Limits on disclosure of nonpublic personal information
      to nonaffiliated third parties (Regulation P)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1016.10
    snapshot_id: 25133aebe29f6872
    fetched_at: '2026-05-22T18:53:14Z'
    content_hash: sha256:f3d914a7cc8049da91952fcfb11f3b037b97572d921be46c17834140cccdb37a
    paragraph_quote: '§ 1016.10 Limits on disclosure of nonpublic personal information
      to nonaffiliated third parties. (a) (1) Conditions for disclosure. Except as
      otherwise authorized in this part, you may not, directly or through any affiliate
      , disclose any nonpublic personal information about a consumer to a nonaffiliated
      third party unless: (i) You have provided to the consumer an initial notice
      as required under § 1016.4 of this part; (ii) You have provided to the consumer
      an opt out notice as required in § 1016.7 of this part; (iii) You have given
      the consumer a reasonable opportunity, before you disclose the information to
      the nonaffiliated third party , to opt out of the disclosure; and (iv) The consumer
      does not opt out. (2) Opt out definition. Opt out means a direction by the consumer
      that you not disclose nonpublic personal information about that consumer to
      a nonaffiliated third party , other than as permitted by §§ 1016.13 , 1016.14,
      and 1016.15. (3) Examples of reasonable opportunity to opt out. You provide
      a consumer with a reasonable opportunity to opt out if: (i) By mail. You mail
      the notices required in paragraph (a)(1) of this section to the consumer and
      allow the consumer to opt out by mailing a form, calling a toll-free telephone
      number, or any other reasonable means within 30 days from the date you mailed
      the notices. (ii) By electronic means. A customer opens an online account with
      you and agrees to receive the notices required in paragraph (a)(1) of this section
      electronically, and you allow the customer to opt out by any reasonable means
      within 30 days after the date that the customer acknowledges receipt of the
      notices in conjunction with opening the account. (iii) Isolated transaction
      with consumer. For an isolated transaction, such as the purchase of a cashier''s
      check by a consumer , you provide the consumer with a reasonable opportunity
      to opt out if you provide the notices required in paragraph (a)(1) of this section
      at the time of the transaction and request that the consumer decide, as a necessary
      part of the transaction, whether to opt out before completing the transaction.
      (b) Application of opt out to all consumers and all nonpublic personal information.
      (1) You must comply with this section, regardless of whether you and the consumer
      have established a customer relationship . (2) Unless you comply with this section,
      you may not, directly or through any affiliate , disclose any nonpublic personal
      information about a consumer that you have collected , regardless of whether
      you collected it before or after receiving the direction to opt out from the
      consumer . (c) Partial opt out. You may allow a consumer to select certain nonpublic
      personal information or certain nonaffiliated third parties with respect to
      which the consumer wishes to opt out.'
  judgment: false
