Okla. Stat. tit. 2, § 2-9-133: Licenses - Rules

A. Every application for a livestock auction market license

shall be on a form prescribed by the State Board of Agriculture.

Each license shall expire at a time specified by the Board by rule.

A fee of Twenty-five Dollars ($25.00) shall be charged and collected

for the issuance or renewal of the license. Any license may be

denied, revoked, suspended, or not renewed by the Board, after due

notice in writing and an opportunity to be heard has been given to

the holder, upon:

1. The failure of the holder to comply with the corporate

surety bond or account requirements; or

2. The failure of the licensee to comply with any of the

provisions of Section 6-102 of this title, the Livestock Auction

Market Act, or any rule promulgated thereto.

B. The Board shall promulgate rules to effectuate the

provisions of this section. The rules may include, but not be

limited to, requiring:

1. The submission of financial documents;

2. The disclosure of all persons having a financial interest in

the applicant and the amount and nature of the interest;

3. Proof that the applicant meets registration requirements of

the Federal Packers and Stockyards Act of 1921, as amended; and

4. The submission of any other information reasonably

calculated to enable the Board to make the determination required by

this section.

C. The Board shall provide for the publication of notice to the

public of the suspension or revocation of the livestock auction

market license.