Oklahoma § 59-1953 - Investigation, license, and annual renewal fee
Full text of Oklahoma Oklahoma Statutes § 59-1953 — Investigation, license, and annual renewal fee, with citation guidance and answers to common questions.
§ 59-1953. Investigation, license, and annual renewal fee
A. Lessors shall pay an initial investigation and license fee
and an annual license renewal fee per place of business, which fees
shall accompany the license renewal form. Lessors shall also pay a
fee for any returned check, address or license change, or duplicate
license request. There shall be a late fee for a late application
for renewal of a license received after December 1 of each year.
This late fee shall consist of a charge of Ten Dollars ($10.00) per
day, for up to thirty (30) days.
B. Lessors shall pay a rental-purchase agreement reviewal fee
as prescribed by rule of the Commission on Consumer Credit for any
rental-purchase agreement submitted to the Administrator of Consumer
Credit for review and approval. The Commission may prescribe by
rule a process for submitting rental-purchase agreements to the
Administrator for review and approval.
Added by Laws 1988, c. 106, § 4, eff. Nov. 1, 1988. Amended by Laws
2010, c. 415, § 21, eff. July 1, 2010; Laws 2019, c. 107, § 3, eff.
Nov. 1, 2019.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 59-1953
What does Oklahoma Statutes § 59-1953 cover?
Section 59-1953 ("Investigation, license, and annual renewal fee") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 59-1953?
A common citation format is "Oklahoma Statutes § 59-1953" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 59-1953 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.