Oklahoma § 59-1506 - Effect of license - Annual fee

§ 59-1506. Effect of license - Annual fee

A. Each license shall state the name of the licensee and the

address at which the business is to be conducted. The license shall

be displayed at the place of business named in the license. The

license shall not be transferable or assignable except upon approval

by the Administrator of Consumer Credit.

B. A separate license shall be required for each pawnshop

operated under the Oklahoma Pawnshop Act.

The Administrator may issue more than one license to any one

person upon compliance with the provisions of the Oklahoma Pawnshop

Act as to each license. When a licensee wishes to move the

licensee's pawnshop to another location, the licensee shall give

thirty (30) days' written notice to the Administrator, who shall

amend the license accordingly.

C. Each license shall remain in full force and effect until

relinquished, suspended, revoked or expired. Every

licensee, on or before each December 1, shall pay the

Administrator an annual fee for the succeeding calendar

year. The license shall expire December 31 of any year for

which an annual fee has not been paid.

D. No licensing requirement or license fee shall be required,

levied or collected by any municipal corporation of this state;

provided that municipal corporations may require the payment of

regulatory fees not in excess of Fifty Dollars ($50.00) per annum.

Oklahoma Statutes - Title 59. Professions and Occupations

Added by Laws 1972, c. 255, § 6. Amended by Laws 1988, c. 191, § 2,

eff. Nov. 1, 1988; Laws 2009, c. 431, § 4, eff. July 1, 2009; Laws

2010, c. 415, § 15, eff. July 1, 2010; Laws 2015, c. 152, § 3, eff.

Nov. 1, 2015.