US Lawyer Database

§ 18-606 – Consumer protection

18-606. Consumer protection A. Before providing an innovative property product or service to consumers, a sandbox participant must disclose to consumers all of the following: 1. The name and contact information of the sandbox participant, including the registration number provided by the chief executive officer pursuant to section 18-605. 2. That the innovative property product […]

§ 18-607 – Exit requirements

18-607. Exit requirements A. At least thirty days before the end of the twenty-four-month property technology sandbox testing period, a sandbox participant must notify the chief executive officer that the sandbox participant will exit the property technology sandbox, wind down its test and cease offering any innovative property products or services in the property technology […]

§ 18-608 – Recordkeeping and reporting requirements

18-608. Recordkeeping and reporting requirements A. A sandbox participant must retain records, documents and data produced in the ordinary course of business regarding an innovation tested in the property technology sandbox. B. If an innovation fails before the end of the testing period, the sandbox participant must notify the chief executive officer and report on […]

§ 18-609 – Records; disclosure; evidentiary effect

18-609. Records; disclosure; evidentiary effect A. Records that are submitted to or obtained by the chief executive officer in administering this chapter are not public records or open for inspection by the public. B. Records and information that are submitted or obtained pursuant to this chapter may be disclosed to any of the following: 1. […]

§ 18-610 – Reporting requirements; monitoring; enforcement; agreements

18-610. Reporting requirements; monitoring; enforcement; agreements A. The chief executive officer may establish periodic reporting requirements for sandbox participants. B. The chief executive officer may request records, documents and data from sandbox participants. On the chief executive officer’s request, sandbox participants must make such records, documents and data available for inspection by the chief executive […]

§ 18-611 – Applicability

18-611. Applicability This chapter does not apply to a profession that is regulated pursuant to title 32, chapter 20.

§ 18-551 – Definitions

18-551. Definitions In this article, unless the context otherwise requires: 1. " Breach" or " security system breach" : (a) Means an unauthorized acquisition of and unauthorized access that materially compromises the security or confidentiality of unencrypted and unredacted computerized personal information maintained as part of a database of personal information regarding multiple individuals. (b) […]

§ 18-552 – Notification of security system breaches; requirements; enforcement; confidentiality; civil penalty; preemption; exceptions

18-552. Notification of security system breaches; requirements; enforcement; confidentiality; civil penalty; preemption; exceptions A. If a person that conducts business in this state and that owns, maintains or licenses unencrypted and unredacted computerized personal information becomes aware of a security incident, the person shall conduct an investigation to promptly determine whether there has been a […]

§ 18-601 – Definitions

18-601. Definitions In this chapter, unless the context otherwise requires: 1. " Applicable agency" means a department or agency of this state established by law to regulate certain types of business activity in this state and persons engaged in such business, including types of authorization, that the chief executive officer determines would regulate a sandbox […]