Financial institutions; protections for financial exploitation of protected adults; effective date.

HB 3020 requires Oklahoma financial institutions to notify state agencies (like the Department of Human Services or district attorneys) if they suspect financial exploitation of a "protected adult" (defined as individuals aged 62+ or vulnerable adults under state law). It allows institutions to temporarily block transactions for up to 20 days - after notifying account holders and designated "trusted contacts" - if exploitation is suspected, while mandating internal reviews. The bill also provides legal immunity to institutions and employees for good-faith reporting or holding funds, and requires retention of relevant records for investigations. This directly affects financial institutions, protected adults, and oversight agencies handling exploitation cases.