Okla. Stat. tit. 14A, § 14A-6-303: Deposit of fees in Consumer Credit Administrative

Expenses Revolving Fund.

A. Beginning on the effective date of this act, ninety percent

(90%) of all fees and civil penalties collected by the Department of

Consumer Credit pursuant to the Uniform Consumer Credit Code, the

Credit Services Organization Act, the Oklahoma Pawnshop Act, the

Precious Metal and Gem Dealer Licensing Act, the Oklahoma Rental-

Purchase Act, the Oklahoma Health Spa Act, the Oklahoma Secure and

Fair Enforcement for Mortgage Licensing Act and the Deferred Deposit

Lending Act shall be deposited in the Consumer Credit Administrative

Expenses Revolving Fund established in Section 6-301 of this title.

B. Beginning on the effective date of this act, ten percent

(10%) of all fees and civil penalties collected by the Department of

Consumer Credit pursuant to the Uniform Consumer Credit Code, the

Credit Services Organization Act, the Oklahoma Pawnshop Act, the

Precious Metal and Gem Dealer Licensing Act, the Oklahoma Rental-

Purchase Act, the Oklahoma Health Spa Act, the Oklahoma Secure and

Fair Enforcement for Mortgage Licensing Act and the Deferred Deposit

Lending Act shall be deposited in the General Revenue Fund of the

State Treasury.

C. The provisions of this section shall not apply to fees

received for the Oklahoma Mortgage Broker and Mortgage Loan

Originator Recovery Fund and fees received from deferred deposit

lenders for consumer counseling services pursuant to Section 3119 of

Title 59 of the Oklahoma Statutes.

D. The Administrator of Consumer Credit may reduce annual

license fees on a pro rata basis for a specific renewal period. The

Administrator shall notify licensees of an annual license fee

reduction prior to November 1 of the specific license renewal

period. An annual license fee does not include an initial annual

license fee for purposes of this subsection.