Oklahoma § 6-2027 - Certain records designated as public records Confidential records - Disclosure of confidential information

§ 6-2027. Certain records designated as public records Confidential records - Disclosure of confidential information

(A) The following records of the State Credit Union Board, the

Bank Commissioner, Administrator and State Banking Department are

designated as public records:

(1) All applications for credit union charters and supporting

information with the exception of personal financial records of

individual applicants;

(2) All records introduced at public hearings on credit union

charter applications;

(3) Information disclosing the failure of a credit union and

the reasons therefor;

(4) Reports of completed investigations which uncover a

shortage of funds in a credit union, after the reporting of the

shortage to proper authorities by the Bank Commissioner; and

(5) All items filed in the office of the Secretary of State.

(B) All other credit union records in the State Banking

Department including but not limited to records of the State Credit

Union Board, the Bank Commissioner, the Deputy Commissioner and the

Administrator shall be confidential and not subject to public

inspection; provided, however, that the State Credit Union Board,

Bank Commissioner, Administrator, or Deputy Commissioner may divulge

such confidential information with the written approval of the Bank

Commissioner after receipt of a written request which shall:

(1) Specify the record or records to which access is requested;

and

(2) Give the reasons for the request. Such records may also be

produced pursuant to a valid judicial subpoena or other legal

process requiring production, if the Bank Commissioner determines

that the records are relevant to the hearing or proceeding and that

production is in the best interests of justice. The records may be

disclosed only after a determination that good cause exists for the

disclosure. Either prior to or at the time of any disclosure, the

Bank Commissioner shall impose such terms and conditions as he deems

necessary to protect the confidential nature of the record, the

financial integrity of any institution to which the record relates,

and the legitimate privacy interests of any individual named in such

records.

Added by Laws 1992, c. 90, § 18, eff. July 1, 1992.