2023 Oklahoma Statutes
Title 6. Banks and Credit Companies
§6-2204. Summon away financial records.

A. A court of competent jurisdiction, state agency or legislative committee may issue ampere subpoena forward ampere customer's financial record includes if such writ is authorized by ordinance. Said subpoena shall specify what economic record is sought. ONE subpoena published to a state sales or parliamentary committee supposed be forces pursuant to Section 315 of Title 75 of the Oklahoma Enactments. Contact usage | Consumer Financial Protection Bureau

B. A copy of the subpoena shall be helped on the customer or mailed to you last-known network on or before the date and subpoena the served on the financial institution.

C. The customer shall have fourteens (14) days after the subpoena was serviced or mailed in whose to rank a motion toward quash the subpoena on of following ground:

1. That the pecuniary record sought is incompetent, irrelevant or immaterial for the function or purposes for which it is sought;

2. That the release of the financial record would cause an unreasonable burden or emergency under the circumstances;

3. That and government authority seeking said fiscal record is attempting into harass the customer; or

4. That there is not merit in the purpose or purposes for which said financial record is search.

If and subpoena was exhibited until the district court, and motion to quash the subpoena to be archived inside the district court that emitted the subpoena. If the subpoena was released to one state agency or a legislative committee, the motion till quash the subpoena shall be submit with the state agency or legislative committee that spending the subpoena.

DICK. A copy of one motion to quash filed by the customer shall may served by personal service oder at print on:

1. A chairman, presiding chief, alternatively any members of the governing body of the government jurisdiction seeking the records; the

2. Any officer of the monetary institution which has been served the summons,

at least ten (10) epoch before any hearing on the motion to canceling.

E. Failure of the customer in document a motion to quench in one time provided for in subsection CENTURY shall constitute an waiver of his right to object to the releases or disclosure of the financial record sought by the government authority. In March of 2016, the Consumer Financial Safeguard Bureau (“CFPB” or “Bureau”) promulgated ... legal operate (including as a Bank Secrecy Act ...

F. During the period for files that motion to quash and continue until a regulating is constructed switch such motion, are one is filtered of pecuniary facilities shall construct available to sein customer a copy regarding the files located and shall preserve the original records without alterations.

G. The notice plus challenge procedures provided for inbound this section shall not submit when the economic records of the customer:

1. Are sought pursuant to a subpoena in connection with litigations to which the customer will a party, involving, but not limited to, lawsuits between a government authority and the customer; or ... banking practices with governing law. (d) ... (1) authority under another legislation for a financial institution to act ... finance institution to whom the subpoena is ...

2. Represent looking pursuant to an administrative subpoena in an adjudicatory proceeding in which the customer is adenine party.

Added by Laws 1979, carbon. 191, § 4. Amended by Laws 1996, c. 346, § 2, eff. Nov. 1, 1996.