{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-306.1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-306.1","heading":"Availability of data necessary for review –","body":"Confidentiality – Sharing of data - Definitions.\n\nA. A supervisory agency shall make available to a requesting\n\nagency any data obtained or generated by, and in the possession of,\n\nthe supervisory agency and that the requesting agency deems\n\nnecessary for review in connection with the supervision of any\n\nperson over which the requesting agency has direct supervisory\n\nauthority. However, the requested data must relate to the person,\n\nor an affiliate of the person, over which the requesting agency has\n\ndirect supervisory authority. An agency has direct supervisory\n\nauthority over a person if such authority is specifically provided\n\nby statute, or the agency granted the person’s charter, license, or\n\nregistration, or otherwise granted permission for the person to\n\nconduct its business in this state.\n\nB. When a requesting agency and a federal regulatory agency or\n\nself-regulatory association have concurrent jurisdiction over a\n\nperson, a requesting agency may share with such agency or\n\nassociation data received from a supervisory agency. However, the\n\nfederal regulatory agency or self-regulatory association must return\n\nsuch shared data to the requesting agency unless the federal\n\nregulatory agency or self-regulatory association has obtained\n\napproval from the supervisory agency to retain the data. The term\n\n“federal regulatory agency” shall not include law enforcement\n\nagencies.\n\nC. 1. Notwithstanding any other statute, rule, or policy\n\ngoverning or relating to records of the requesting agency, all data\n\nreceived by a requesting agency from a supervisory agency shall be\n\nand remain confidential and not open to public inspection, subpoena,\n\nor any other form of disclosure while in the possession of the\n\nrequesting agency. Any request for inspection, subpoena, or other\n\nform of disclosure must be directed at the supervisory agency from\n\nwhich the data originated and disclosure thereof shall be subject to\n\nthe laws, rules, and policies governing or relating to records of\n\nthe supervisory agency.\n\n2. The provisions of data by a supervisory agency to a\n\nrequesting agency under this section shall not constitute a waiver\n\nof, or otherwise affect, any privilege or claim of confidentiality\n\nthat a supervisory agency may claim with respect to such data under\n\nany federal laws or laws of this state.\n\nD. A supervisory agency is not required to share original\n\ndocuments with a requesting agency. A requesting agency shall\n\nreimburse the supervisory agency for costs associated with providing\n\ncopies of data to the requesting agency.\n\nE. Nothing in the Oklahoma Financial Privacy Act, Sections 2201\n\nthrough 2206 of Title 6 of the Oklahoma Statutes, shall prohibit the\n\nsharing of data as described in this section. Additionally, neither\n\na supervisory agency nor requesting agency shall be required to\n\nfollow any procedure described in the Oklahoma Financial Privacy Act\n\nwhen sharing data as described in this section.\n\nF. As used in this section:\n\n1. “Affiliate” shall mean any person that controls, is\n\ncontrolled by, or is under common control with another person. A\n\nperson shall be deemed to have “control” over any person if the\n\nperson:\n\na. directly or indirectly or acting through one or more\n\nother persons owns, controls, or has power to vote ten\n\npercent (10%) or more of any class of voting\n\nsecurities of the other person, or\n\nb. the person controls in any manner the election,\n\nappointment, or designation of a majority of the\n\ndirectors, trustees, or other managing officers of the\n\nperson;\n\n2. “Data” shall mean copies of any documents, reports,\n\nexamination reports, letters, correspondence, orders, stipulations,\n\nmemorandums of understanding, agreements, or any other records not\n\nopen for public inspection generated by a supervisory agency or\n\nobtained by a supervisory agency from the person it supervises,\nance Page 57\n\ndirectors, trustees, or other managing officers of the\n\nperson;\n\n2. “Data” shall mean copies of any documents, reports,\n\nexamination reports, letters, correspondence, orders, stipulations,\n\nmemorandums of understanding, agreements, or any other records not\n\nopen for public inspection generated by a supervisory agency or\n\nobtained by a supervisory agency from the person it supervises,\n\nwhether in paper or electronic format. However, “data” shall not\n\ninclude records that a requesting agency receives from a supervisory\n\nagency pursuant to this section;\n\n3. “Requesting agency” shall mean, as applicable, the Oklahoma\n\nState Banking Department, the Oklahoma Insurance Department, or the\n\nOklahoma Department of Securities, that requests from a supervisory\n\nagency data relating to a person over which the requesting agency\n\ndoes not have direct supervisory authority;\n\n4. “Supervision” shall mean any examination, assessment, order,\n\nstipulation, agreement, report, memorandum of understanding, or\n\nother regulatory matter or process that a requesting agency is\n\nauthorized to perform in relation to a person; and\n\n5. “Supervisory agency” shall mean, as applicable, the Oklahoma\n\nState Banking Department, the Oklahoma Insurance Department, or the\n\nOklahoma Department of Securities, that maintains data relating to a\n\nperson over which the agency has direct supervisory authority.","path":["OK Code","Title 36"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os36.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"b0700461958a9d573d7e956629ccf7686b05eec878a3327d3b27ab63f90f3b98","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-306","next":"us-ok/okla.-stat.-tit.-36-36-307"},"notice":"GroundRules: Original legal text. Not legal advice."}