Privacy Policy
In order to better serve your needs now and in the future, we may ask you to provide us with certain information. We understand that you may be concerned about what we will do with such information – particularly any personal or financial information. We agree that you have a right to know how we will utilize the personal information you provide to us. We have adopted this Privacy Policy to govern the use and handling of your personal information.
Confidentiality and Security
This Privacy Policy governs our use of the information which you provide to us .We will use our best efforts to ensure that no unauthorized parties have access to any of your information. We restrict access to nonpublic personal information about you to those individuals and entities who need to know that information to provide products or services to you. We will use our best efforts to train and oversee our employees and agents to ensure that your information will be handled responsibly and in accordance with this Privacy Policy. We currently maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information.
Use of Information
We request information from you for our own legitimate business purposes and not for the benefit of any nonaffiliated party. Therefore, we will not release your information to nonaffiliated parties except: (1) as necessary for us to provide the product or service you have requested of us; or (2) as permitted bylaw. We may, however, store such information indefinitely, including the period after which any customer relationship has ceased. Such information maybe used for any internal purpose, such as quality control efforts or customer analysis. We may also provide all of the types of nonpublic personal information listed above to one or more of our affiliated companies. Such affiliated companies include financial service providers, such as title insurers, property and casualty insurers, and trust and investment advisory companies, or companies involved in real estate services, such as appraisal companies, home warranty companies, and escrow companies. Furthermore, we may also provide all the information we collect, as described above, to companies that perform marketing services on our behalf, on behalf of our affiliated companies, or to other financial institutions with whom we or our affiliated companies have joint marketing agreements.
NOTICE:
THE PRESIDENT OF THE USA SIGNED H.R. 3723: Economic Espionage Act of 1996 (EEA) on OCTOBER 11, 1996.
TRUST TRANSACTIONS ARE PROTECTED BY ALLOWING THIS BUSINESS ENTITY THE RIGHT TO DECLARE THEIR CONTRACTS, INTERNAL PROCEDURES AND INFORMATION AND ALL TRANSACTIONS AS A CORPORATE OR TRADE SECRET FULLY PROTECTED UNDER THE ECONOMIC AND INDUSTRIAL COMMUNITY. THE NAMES, IDENTITY, BANK COORDINATES, AND OTHER IDENTIFYING INFORMATION CONTAINED HEREIN, OR LEARNED HEREAFTER, SHALL BE A CORPORATE TRADE SECRET THAT SHALL NOT BE DISSEMINATED OTHER THAN THAT PROVIDED FOR HEREIN, OR AS ALLOWED UNDER APPLICABLE LAW. ANY UNAUTHORIZED DISCLOSURE OF THIS PRIVATE TRANSACTION, PARTIES TO, OR OTHER MATERIAL HEREIN, OR LEARNED AFTERWARDS IS SUBJECT TO CRIMINAL PROSECUTION.
The EEA prohibits the theft of trade secrets. Since a trade secret can be stolen without ever leaving the possession of the owner, Congress made it illegal to duplicate, replicate, destroy or convey a trade secret without authorization.
Section 1832 of the EEA prohibits the theft of trade secrets for economic or commercial advantage. It must be proven that the individual stole information without the owner’s consent, that he knew or believed the information was a trade secret, he intended to convey the information to another person for economic gain, he knew the theft would injure the original owner of the trade secret and the trade secret was related to a product that was in interstate or foreign commerce. The law also makes it illegal to own, receive, destroy or possess a trade secret that is known to have been stolen.
Penalties
A person convicted of Section 1832 of the EEA may be imprisoned for up to 10 years and fined $250,000. An organization may be fined up to $5 million. A violation of Section 1831 may include imprisonment for up to 15 years and a $500,000 fine. An organization convicted of violating Section 1831 may be fined up to $10 million.