Protecting Genetic Information in Bankruptcy Cases
This act aims to protect your genetic information if a company or individual holding it goes bankrupt. It ensures your genetic data cannot be sold or leased without your written consent and must be deleted if no longer needed.
Key points
Your genetic information is now protected in bankruptcy proceedings, meaning it cannot be sold or leased without your explicit consent.
Companies or bankruptcy trustees must delete your genetic information if it's not sold or leased under the new rules.
The act applies to all bankruptcy cases currently ongoing or started after its effective date.
Introduced
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