Banks and trusts companies; prohibiting certain institutions from providing certain information to certain agents; establishing penalties. Effective date. Emergency.

SB 791 prohibits Oklahoma banks, credit unions, and financial institutions from sharing account details (like transactions or balances) with federal agents or agencies upon request. It requires these institutions to notify the account owner or manager within two business days of any such request, including the request date, requester's identity, and other relevant details. Violations carry a $10,000 fine for the first offense, with license revocation for a second offense. The bill does not apply to requests supported by a warrant, court order, or written probable cause.