Okla. Stat. tit. 14A, § 14A-3-809: License required - Application

LICENSE REQUIRED; APPLICATION.

A. A consumer litigation funder shall obtain a license from the

Administrator before engaging in an activity in this state that

shall be performed under a consumer litigation funding agreement

that complies with this act.

B. A consumer litigation funder shall file a licensing

application in the form and manner prescribed by the Administrator.

The application shall:

1. Contain all information the Administrator requires to

evaluate the character and fitness of the applicant, and if the

applicant is an entity, the character and fitness of each officer

and director of the applicant funder; and

2. Be accompanied by a fee of Two Hundred Ninety Dollars

($290.00).

C. Nothing in this section shall prohibit a company doing

business as a consumer litigation funder in this state on the

effective date of this act from continuing to do so during the time

period in which the initial licensure application is being processed

by the Administrator, and until such time as the application is

approved or denied.