Oklahoma § 1-35 - Censure, suspension, revocation, continuance, renewal or

§ 1-35. Censure, suspension, revocation, continuance, renewal or

refusal to issue certificate of authority or permit - Civil

penalties.

A. The Oklahoma Abstractors Board shall censure, suspend,

revoke, continue, renew, or refuse to issue any certificate of

authority or permit issued or applied for pursuant to the provisions

of the Oklahoma Abstractors Act, if, after a hearing, the Board

finds any one or more of the following conditions:

1. Any untrue statement in the application for a certificate of

authority or permit;

2. The violation of or noncompliance with any provision of the

Oklahoma Abstractors Act or rule, regulation, or order of the Board;

3. The obtaining of or attempt to obtain a certificate of

authority or permit through fraud or misrepresentation;

Oklahoma Statutes - Title 1. Abstracting

4. Conviction of or plea of guilty or nolo contendere to a

felony in this state, another state, or a federal court or of a

misdemeanor involving moral turpitude;

5. Conspiracy involving the certificate holder or the

certificate holder’s agents to obtain an abstract license for an

employee, prospective employee, or other person through fraud or

misrepresentation;

6. Failure to properly supervise an abstract licensee whose

license is issued through the certificate holder; or

7. Failure to provide an abstract, abstract extension,

supplemental abstract or final title report pursuant to the

requirements of Section 32 of this title.

B. In addition to or in lieu of any censure, denial,

suspension, or revocation of a certificate or permit, any person,

firm, corporation, or other entity violating the provisions of the

Oklahoma Abstractors Act shall be subject to a civil penalty not

less than Five Hundred Dollars ($500.00) nor more than Ten Thousand

Dollars ($10,000.00) for each occurrence. The fine may be enforced

in the same manner in which civil judgments may be enforced.

Added by Laws 1984, c. 163, § 13, eff. Nov. 1, 1984. Amended by

Laws 2006, c. 269, § 8, eff. July 1, 2007; Laws 2007, c. 359, § 16,

eff. Jan. 1, 2008. Renumbered from Title 74, § 227.22 by Laws 2007,

c. 359, § 22, eff. Jan. 1, 2008. Amended by Laws 2024, c. 348, § 3.