Okla. Stat. tit. 14A, § 14A-6-117.1: Availability of data to agencies with direct

supervisory authority.

A. A supervisory agency shall make available to a requesting

agency any data obtained or generated by, and in the possession of,

the supervisory agency and that the requesting agency deems

necessary for review in connection with the supervision of any

person over which the requesting agency has direct supervisory

authority. However, the requested data must relate to the person,

or an affiliate of the person, over which the requesting agency has

direct supervisory authority. An agency has direct supervisory

authority over a person if such authority is specifically provided

by statute, or the agency granted the charter, license or

registration of the person, or otherwise granted permission for the

person to conduct its business in this state.

B. When a requesting agency and a federal regulatory agency or

self-regulatory association have concurrent jurisdiction over a

person, a requesting agency may share with such agency or

association data received from a supervisory agency. However, the

federal regulatory agency or self-regulatory association shall

return such shared data to the requesting agency unless the federal

regulatory agency or self-regulatory association has obtained

approval from the supervisory agency to retain the data. The term

"federal regulatory agency" shall not include law enforcement

agencies.

C. 1. All data received by a requesting agency from a

supervisory agency shall be and shall remain confidential and not

open to public inspection, subpoena or any other form of disclosure

while in the possession of the requesting agency. Any request for

inspection, subpoena or other form of disclosure shall be directed

to the supervisory agency from which the data originated and

disclosure thereof shall be subject to the laws, rules and policies

governing or relating to records of the supervisory agency.

2. The providing of data by a supervisory agency to a

requesting agency under this section shall not constitute a waiver

of or otherwise affect any privilege or claim of confidentiality

that a supervisory agency may claim with respect to such data under

any federal laws or laws of this state.

D. A supervisory agency shall not be required to share original

documents with a requesting agency. A requesting agency shall

reimburse the supervisory agency for costs associated with providing

copies of data to the requesting agency.

E. As used in this section:

1. "Affiliate" means any person that controls, is controlled by

or is under common control with another person. A person shall be

deemed to have "control" over any person if the person:

a. directly or indirectly or acting through one or more

other persons owns, controls or has power to vote ten

percent (10%) or more of any class of voting

securities of the other person, or

b. controls in any manner the election, appointment or

designation of a majority of the directors, trustees

or other managing officers of the person;

2. "Data" means copies of any documents, reports, examination

reports, letters, correspondence, orders, stipulations, memorandums

of understanding, agreements or any other records not open for

public inspection generated by a supervisory agency or obtained by a

supervisory agency from the person it supervises, whether in paper

or electronic format. However, data shall not include records that

a requesting agency receives from a supervisory agency pursuant to

this section;

3. "Requesting agency" means, as applicable, the Oklahoma

Department of Consumer Credit, the Oklahoma State Banking

Department, the Oklahoma Insurance Department or the Oklahoma

Department of Securities that requests from a supervisory agency

data relating to a person over which the requesting agency does not

have direct supervisory authority;

4. "Supervision" means any examination, assessment, order,

ting agency" means, as applicable, the Oklahoma

Department of Consumer Credit, the Oklahoma State Banking

Department, the Oklahoma Insurance Department or the Oklahoma

Department of Securities that requests from a supervisory agency

data relating to a person over which the requesting agency does not

have direct supervisory authority;

4. "Supervision" means any examination, assessment, order,

stipulation, agreement, report, memorandum of understanding or other

regulatory matter or process that a requesting agency is authorized

to perform in relation to a person; and

5. "Supervisory agency" means, as applicable, the Oklahoma

Department of Consumer Credit, the Oklahoma State Banking

Department, the Oklahoma Insurance Department or the Oklahoma

Department of Securities that maintains data relating to a person

over which the agency has direct supervisory authority.