Oklahoma § 6-2206 - Costs of assembling, reproducing or providing financial

§ 6-2206. Costs of assembling, reproducing or providing financial

records.

A. A government authority shall pay to the financial

institution assembling, reproducing or providing any financial

record of a customer a reasonable fee for such costs, including

copying costs and labor costs, to be paid prior to the time the

record is released.

B. For purposes of this section, the following fees shall be

deemed reasonable:

1. Search and processing costs. Reimbursement for search and

processing costs shall be the total amount of direct personnel time

incurred in locating and retrieving, reproducing, packaging and

preparing financial records for shipment or delivery. The rate for

search and processing costs shall be no more than Twenty-two Dollars

($22.00) per hour per person for clerical or technical personnel,

computed on the basis of Five Dollars and fifty cents ($5.50) per

quarter hour or fraction thereof, and no more than Thirty Dollars

($30.00) per hour per person for management or supervisory

personnel, computed on the basis of Seven Dollars and fifty cents

($7.50) per quarter hour or fraction thereof, and shall be limited

to the total amount of personnel time spent in locating and

retrieving documents or information or reproducing or packaging and

preparing documents for shipment where required or requested by a

government authority. If itemized separately, search and processing

costs may include the actual cost of extracting information stored

by computer in the format in which it is normally produced, based on

Oklahoma Statutes - Title 6. Banks and Trust Companies

computer time and necessary supplies. Personnel time for computer

search may be paid for only at the rate specified in this paragraph;

2. Reproduction costs. Reimbursement for reproduction costs

shall be for costs incurred in making copies of documents required

or requested. The rate for reproduction costs for making copies of

required or requested documents shall be twenty-five cents ($0.25)

for each page, including copies produced by reader/printer

reproduction processes. Photographs, films, computer tapes and

other materials shall be reimbursed at actual cost;

3. Transportation costs. Reimbursement for transportation

costs shall be for necessary costs, directly incurred, to transport

personnel to locate and retrieve the information required or

requested, and necessary costs, directly incurred solely by the need

to convey the required or requested material to the place of

examination; and

4. Directly incurred costs. A financial institution also may

receive reimbursement for costs incurred solely and necessarily as a

consequence of searching for, reproducing or transporting books,

papers, records, or other data, in order to comply with legal

process. If a financial institution has records that are stored at

an independent storage facility that charges a fee to search for,

reproduce, or transport particular records requested, these costs

shall be considered to be directly incurred by the financial

institution.

Added by Laws 1979, c. 191, § 6, emerg. eff. May 17, 1979. Amended

by Laws 1991, c. 128, § 12, emerg. eff. April 29, 1991; Laws 1996,

c. 346, § 4, eff. Nov. 1, 1996; Laws 2001, c. 338, § 2, eff. Nov. 1,

2001; Laws 2010, c. 314, § 1, eff. Nov. 1, 2010.