New York S04413 mandates businesses to delete consumer financial information upon cancellation of automatic renewal or continuous service unless the.
New York S04413 amends the general business law to require businesses to delete a consumer's financial information after cancellation of an automatic renewal or continuous service, unless the consumer has given affirmative consent for retention. The bill defines "financial information" as any data related to a consumer's credit card, debit card, or account with a third party held by the business. Businesses must notify consumers of the deletion within seven days of the cancellation request.
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