Oklahoma § 6-2205 Disclosures or releases authorized.

Oklahoma Statutes

§ 6-2205 — Disclosures or releases authorized.

Oklahoma § 6-2205

Title 6Banks And Trust Companies

This text of Oklahoma § 6-2205 (Disclosures or releases authorized.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 6, § 6-2205 (2026).

Text

A.Nothing in the Financial Privacy Act shall prohibit the disclosure or release of any financial record or information to any supervisory agency in the exercise of its supervisory or regulatory functions with respect to a financial institution.

B.Nothing in the Financial Privacy Act prohibits a financial institution from disclosing or releasing any financial record or information to another financial institution for the usual and regular business purposes of the latter or from providing copies of any financial record to any court or government authority as an incident to perfecting a security interest, proving a claim in bankruptcy or otherwise collecting on a debt either owed the financial institution itself or owed the financial institution in its role as a fiduciary.

C.Nothing in the

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A. Nothing in the Financial Privacy Act shall prohibit the disclosure or release of any financial record or information to any supervisory agency in the exercise of its supervisory or regulatory functions with respect to a financial institution. B. Nothing in the Financial Privacy Act prohibits a financial institution from disclosing or releasing any financial record or information to another financial institution for the usual and regular business purposes of the latter or from providing copies of any financial record to any court or government authority as an incident to perfecting a security interest, proving a claim in bankruptcy or otherwise collecting on a debt either owed the financial institution itself or owed the financial institution in its role as a fiduciary. C. Nothing in the Financial Privacy Act prohibits a financial institution from notifying a government authority that such institution or an officer, employee or agent of such institution has information that may be relevant to a possible violation of any statute or regulation. D. Sections 2201 through 2204 of this title shall not apply to any court order or subpoena issued in connection with proceedings before a multicounty grand jury, except that a court shall have authority to order a financial institution, on which a multicounty grand jury subpoena for customer records has been served, not to notify the customer of the existence of the subpoena or information that has been furnished to the multicounty grand jury. The court may order that the customer not be notified only if it finds: 1. That the requested records are relevant to an ongoing criminal investigation being conducted by the multicounty grand jury; and 2. That disclosure of the existence or issuance of, or compliance with the subpoena may frustrate or impede the investigation.

Legislative History

Added by Laws 1979, c. 191, § 5. Amended by Laws 1985, c. 173, § 1, emerg. eff. June 18, 1985; Laws 1990, c. 232, § 1, emerg. eff. May 18, 1990; Laws 1996, c. 346, § 3, eff. Nov. 1, 1996.