True or False: Institutions must provide an annual privacy notice within 75 days of a change in policies that disqualifies an exception.

The statement is false because the requirement does not stipulate that an annual privacy notice be provided specifically within 75 days following a change that disqualifies an exception. Regulations regarding privacy notices typically mandate that institutions inform consumers about their privacy practices at least once a year, but the timeline for notifying about specific changes often differs.

The focus should be on ensuring that consumers are aware of significant changes in privacy policies, but the timing of such notifications is governed by broader regulatory standards rather than being tightly linked to the 75-day timeframe mentioned in the statement. Therefore, the correct understanding is that while institutions need to communicate changes to their privacy policies, the specific timing and frequency of these communications depend on established legal requirements and do not solely hinge on the conditions described in the question.