OK SB1106

Increases the mandatory holding period for used precious metal and gem articles from 10 days to 21 days to allow law enforcement inspection before dealers can alter or transfer items

Establishes a written hold order process allowing peace officers with probable cause to hold suspected stolen or embezzled property for 30-day periods, with extensions permitted through written notification

Requires dealers to retain property until case disposition when the district attorney's office notifies them that items may be needed as evidence in criminal proceedings; willful noncompliance can result in license suspension or revocation

Subjects out-of-state precious metal and gem dealers conducting transactions of $100 or more with Oklahoma residents to state jurisdiction, requiring them to register with the Department of Consumer Credit and comply with holding period requirements

Mandates out-of-state dealers provide detailed descriptions and photographs of all transactions valued at $100 or more to the Department of Consumer Credit, which will share information with law enforcement for comparison against stolen property reports