Oklahoma § 59-2095.12 - Minimum standards for mortgage broker license renewal
Full text of Oklahoma Oklahoma Statutes § 59-2095.12 — Minimum standards for mortgage broker license renewal, with citation guidance and answers to common questions.
§ 59-2095.12. Minimum standards for mortgage broker license renewal
A. The minimum standards for license renewal for mortgage
brokers shall include the following:
1. The mortgage broker continues to meet the minimum standards
for license issuance under Section 2095.11 of this title; and
2. The mortgage broker has paid all required fees for renewal
of the license.
B. The license of a mortgage broker failing to satisfy the
minimum standards for license renewal shall expire. The
Administrator of Consumer Credit may adopt procedures in addition to
the requirements of paragraph 12 of subsection K of Section 2095.6
of this title for the reinstatement of expired licenses consistent
with the standards established by the Nationwide Multistate
Licensing System and Registry.
Added by Laws 2009, c. 190, § 15, eff. July 1, 2009. Amended by
Laws 2024, c. 218, § 11, eff. Nov. 1, 2024.
§59-2095.12.1. Minimum standards for license renewal of mortgage
lenders.
A. The minimum standards for license renewal for mortgage
lenders shall include the following:
1. The mortgage lender continues to meet the minimum standards
for license issuance under the Oklahoma Secure and Fair Enforcement
for Mortgage Licensing Act; and
2. The mortgage lender has paid all required fees for renewal
of the license.
B. The license of a mortgage lender failing to satisfy the
minimum standards for license renewal shall expire. The
Administrator of Consumer Credit may adopt procedures in addition to
the requirements set forth in paragraph 12 of subsection K of
Section 2095.6 of this title for the reinstatement of expired
Oklahoma Statutes - Title 59. Professions and Occupations
licenses consistent with the standards established by the Nationwide
Multistate Licensing System and Registry.
Added by Laws 2013, c. 98, § 7, eff. Nov. 1, 2013. Amended by Laws
2024, c. 218, § 12, eff. Nov. 1, 2024.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 59-2095.12
What does Oklahoma Statutes § 59-2095.12 cover?
Section 59-2095.12 ("Minimum standards for mortgage broker license renewal") 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 § 59-2095.12?
A common citation format is "Oklahoma Statutes § 59-2095.12" (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 § 59-2095.12 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.