Identity Theft Procedures Sample Clauses
The Identity Theft Procedures clause outlines the steps and protocols a party must follow if identity theft is suspected or detected in relation to the agreement. Typically, this clause requires prompt notification to the affected party, investigation of the incident, and cooperation with law enforcement or regulatory authorities as needed. Its core function is to ensure a clear and effective response to identity theft, minimizing potential harm and clarifying responsibilities in such situations.
Identity Theft Procedures. The Parties hereby adopt the Identity Theft Procedures, as set forth in the Servicing Guidelines attached hereto and as amended from time to time by agreement of the Parties. Program Administrator, Lender, and the Servicer may suggest changes to the Identity Theft Procedures from time to time.