; and (C) the vehicle financial company— (i) provides consumers with the ability to opt out, subject to any exemption or exception provided under subsection (b)(2) or (e) of section 502 or under regulations prescribed under section 504(b), of having the consumer’s nonpublic personal information disclosed to a nonaffiliated third party; and (ii) includes a description about where to locate the procedures for a consumer to select such opt out in each periodic billing statement sent to the consumer. (2) Treatment of multiple policies If a vehicle financial company maintains more than one set of policies described under paragraph (1) that vary depending on the consumer’s account status or State of residence, the vehicle financial company may comply with the website posting requirement in paragraph (1)(A) by posting all of such policies to the public section of the vehicle financial company’s website, with instructions for choosing the applicable policy. (3) Vehicle financial company defined For purposes of this subsection, the term vehicle financial company means— (A) a financial institution that— (i) is regularly engaged in the business of extending credit for the purchase of vehicles; (ii) is affiliated with a vehicle manufacturer; and (iii) only shares nonpublic personal information of consumers with nonaffiliated third parties that are vehicle dealers; or (B) a financial institution that— (i) regularly engages in the business of extending credit for the purchase or lease of vehicles from vehicle dealers