Oklahoma SB791 prohibits banks and financial institutions from sharing account details with federal agents without a warrant, court order, or written.
Oklahoma SB791 mandates that banks, credit unions, and financial institutions in the state cannot disclose financial account or transaction details to federal agents unless the request is based on a warrant, court order, or written probable cause. The bill requires institutions to notify account owners or managers of such requests within two business days. Violators face penalties, including fines and potential loss of operating licenses. The act declares an emergency, making it effective immediately upon passage.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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