DEPARTMENT OF LABOR AND ECONOMIC GROWTH

                 OFFICE OF FINANCIAL AND INSURANCE SERVICES

                   DEFERRED PRESENTMENT STATEWIDE DATABASE


(By authority conferred on the commissioner of the Office  of  Financial  and 
Insurance Services by sections 20, 22, and 51 of 2005 PA 244,  1969  PA  306, 
E.R.O. No 2000-2 and E.R.O.  No  2003-1;  MCL  487.2140,  MCL  487.2142,  MCL 
487.2171, MCL 24.231 to MCL 24.233, MCL 445.2003, and MCL 445.2011)


R 487.2121   Definitions.
  Rule 1.  As used in these rules:
  (a) "Act" means the Deferred Presentment Service Transactions Act, 2005  PA 
244, MCL 487.2121 to MCL 487.2173.
  (b) "Archive" means to copy data to a  long-term  storage  mechanism  apart 
from the database.
  (c) "Commissioner" means the commissioner of the office  of  financial  and 
insurance services.
  (d) "Customer transaction data" means all data  reported  to  the  database 
pertinent to a particular customer transaction, including  the  date  of  the 
transaction, identification of the licensee and location, the  sum  of  money 
involved, the time payment is deferred, fees charged, any alleged  violations 
of the Act, and any identifying customer information.  
  (e) "Database" means the database described specifically in Section  22  of 
the act.
  (g) "Delete" means to erase data by overwriting the data.
  (h) "Identifying customer information" means the name of the customer,  his 
or her Social Security number, driver license number, or  other  state-issued 
identification number, address, any account numbers or  information  specific 
to a check or draft drawn by a customer on a bank, savings bank, savings  and 
loan  association,  or  credit  union,  and  any  other  nonpublic,  personal 
financial information of a customer entered into the database or  that  comes 
into the possession of the database provider  through  customer  or  licensee 
inquiry or report. 
   (i) Other terms defined in the act have the same  meanings  when  used  in 
these rules. 		

  History:  2007 AACS.


R 487.2122  Data retention; archiving; deletion.
  Rule 2. The database provider shall do all of the following:
  (a) Retain data in  the  database  only  as  required  to  ensure  licensee 
compliance with the act.
  (b) Archive data in the database concerning a customer  transaction  within 
365 days after the customer transaction is  closed  unless  notified  by  the 
commissioner that such data is needed for a pending enforcement action.
  (c) Delete any identifying customer data from the database  when  data  are 
archived.
  (d) Delete data concerning a customer transaction from the database 3 years 
after the customer transaction is closed or upon completion as determined  by 
the Commissioner of any enforcement action pending 3 years after  a  customer 
transaction is closed, whichever is later.

  History:  2007 AACS.


R 487.2123  Implementation.
  Rule 3.  For  the  purpose  of  implementing  the  archiving  and  deletion 
requirements of Section 22(3) of the act, MCL 487.2142(3) and R 487.2122, the 
database provider shall deem closed on July 31, 2006, the date  the  database 
became fully operational, all transactions closed during the  database  pilot 
program period described in Section 22(1) of the act, MCL 487.2142(1).   

  History:  2007 AACS.