What is Considered a Sale of Personal Information in the Tennessee Information Protection Act (“TIPA”)?
Sale of personal information:
(A) Means the exchange of personal information for monetary or other valuable consideration by the controller to a third party; and
(B) Does not include:
(i) The disclosure of personal information to a processor that processes the personal information on behalf of the controller;
(ii) The disclosure of personal information to a third party for purposes of providing a product or service requested by the consumer;
(iii) The disclosure or transfer of personal information to an affiliate of the controller;
(iv) The disclosure of information that the consumer:
(a) Intentionally made available to the general public via a channel of mass media; and
(b) Did not restrict to a specific audience;
(v) The disclosure or transfer of personal information to a third party as an asset that is part of a merger, acquisition, bankruptcy, or other transaction in which the third party assumes control of all or part of the controller's assets; or
(vi) The disclosure of personal information to a third party at the direction, and with the consent, of the consumer.
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