At a glance
- Breach notice to residents
- Without unreasonable delay
- State regulator notice
- Attorney General
- State consumer privacy law
- Oklahoma consumer data privacy law (2026 SB 546; no short title in the act) (from January 1, 2027)
- Dealer bond
- $25,000
On this page
Federal rules every dealer follows
These apply in every state. Each links to a free tool or guide.
- FTC Safeguards Rule (16 CFR Part 314): a written security plan, a Qualified Individual, a risk assessment, MFA, encryption and the FTC breach notice. Safeguards checklist.
- Red Flags Rule (16 CFR 681): a written identity theft program; most dealers who arrange financing treat themselves as covered. Red Flags program.
- Privacy notice (Gramm-Leach-Bliley Act): give it to buyers who finance or lease. GLBA privacy notice.
- OFAC: never sell to someone on the Treasury's sanctions lists; keep records 10 years. Free OFAC search.
- Form 8300: report cash over $10,000 within 15 days. Form 8300 worksheet.
- Credit notices: adverse action within 30 days, and risk-based pricing notices. Adverse action notice.
- Used Car Rule: the Buyers Guide on every used car for sale. Buyers Guide.
- Advertised prices: include doc fees and other required fees, per the FTC's September 2026 FAQs. Ad and price check.
Oklahoma's data breach notice law
Oklahoma's breach notice law is Okla. Stat. tit. 24, § 163. If personal information of Oklahoma residents is breached, it says to notify them without unreasonable delay, except as needed for law enforcement or to determine the scope of the breach and restore the reasonable integrity of the system.
Who else to tell: the Attorney General. For breaches affecting 500 or more Oklahoma residents (1,000 or more for a credit bureau); without unreasonable delay and no more than 60 days after notifying residents (applies from January 1, 2026).
The law has a clause for businesses that follow the breach rules of their own federal regulator (Okla. Stat. tit. 24, § 164(B)(1) (financial institution complying with GLBA and the federal Interagency Guidance is deemed compliant if it also gives the AG notice under § 163(E))). Some clauses like this cover only banks and credit unions, so don't count on it: plan to meet the state deadline as well as the FTC's.
The law reads: "Except as provided in subsection D of this section or in order to take any measures necessary to determine the scope of the breach and to restore the reasonable integrity of the system, the disclosure shall be made without unreasonable delay."
This is on top of the federal rule. Under the FTC Safeguards Rule, a dealer must tell the FTC within 30 days of discovering a breach of unencrypted information about 500 or more consumers. How the FTC notice works.
Oklahoma's consumer privacy law
Yes. The Oklahoma consumer data privacy law (2026 SB 546; no short title in the act) (Okla. Stat. tit. 75A, § 300 et seq.) takes effect on January 1, 2027.
Who it covers: Controllers or processors that conduct business in Oklahoma or target products or services to residents and, during a calendar year, control or process personal data of at least 100,000 consumers, or at least 25,000 consumers while deriving over 50% of gross revenue from the sale of personal data.
The law exempts both financial institutions subject to the Gramm-Leach-Bliley Act and the data that act covers. A dealer that arranges financing or leases is generally treated as one, so ask your attorney whether that covers your store. (2026 SB 546, Section 15(B) (Okla. Stat. tit. 75A, § 314(B)))
The law reads: "controls or processes personal data of at least twenty-five thousand (25,000) consumers and derives over fifty percent (50%) of gross revenue from the sale of personal data"
Whether your store is covered depends on your own numbers, so check them each year, and keep giving financing buyers the federal privacy notice. Make a free GLBA privacy notice.
Oklahoma dealer license and bond
An Oklahoma retail dealer license calls for a $25,000 surety bond; other amounts apply to some license types or sales volumes. Everything about the Oklahoma dealer license: who needs one, the lot rules and the application.
Oklahoma dealer compliance checklist
Write and sign your security plan
Name your Qualified Individual, do the risk assessment and turn on MFA for every system with customer data.
Adopt a Red Flags program
Check the buyer's ID on every deal and log what you checked.
Give the privacy notice
To every buyer who finances or leases, at or before signing.
Check every buyer against the OFAC lists
Keep the dated result in the deal jacket for 10 years.
Track cash
Add up related cash payments and file Form 8300 when they pass $10,000.
Train your staff on security
The Safeguards Rule asks for security awareness training for everyone who handles customer data. Keep a record of who finished it.
Put Oklahoma's breach deadline in your incident plan
Notice to residents as the law sets out, plus the Attorney General, and the FTC within 30 days at 500 or more consumers.
Check your ads
Advertised prices include doc fees and every fee all buyers pay.
Rules checked and limits
Rules checked October 31, 2026. We read every rule on this page in the eCFR or on the agency's own site, and each is linked in the sources below. We re-check them every quarter.
Oklahoma laws checked October 31, 2026 on the official sources linked below.
Templates and tools, not legal advice. CarShots is software, not a law firm. For a question about your own dealership, ask your attorney or your state dealer association.