OK HB3020

Requires financial institution employees to report suspected financial exploitation of protected adults (individuals 62+ years old, incapacitated persons, or vulnerable adults) to their institution, which must then notify the Oklahoma Department of Human Services, district attorney, or law enforcement

Authorizes financial institutions to place temporary holds on suspicious transactions for up to 10 business days, extendable to 20 business days if internal review supports exploitation concerns or an agency requests extension

Permits financial institutions to notify a customer's designated trusted contact or other associated third party when exploitation is suspected, unless that person is the suspected exploiter

Grants civil and criminal immunity to financial institutions and employees for good-faith reporting, placing or not placing holds, providing records to investigators, or testifying in related proceedings

Requires financial institutions to retain and provide relevant records to investigating agencies upon written certification, including account statements, signature cards, surveillance footage, and transaction history for 90 days before and 60 days after alleged exploitation; effective November 1, 2026