Okla. Stat. tit. 59, § 59-1504: Applications - Contents - Bonds - Statutory agent

A. Applications for a pawnshop license shall be under oath and

shall state the full name and place of residence of the applicant.

If the applicant is a partnership, the full name and place of

residence of each member thereof shall be stated. If the applicant

is a corporation, the full name and place of residence of each

officer or major stockholder thereof shall be stated. The

application shall give the approximate location from which the

business is to be conducted, and shall contain such relevant

information as the Administrator may require.

B. Each applicant for a pawnshop license at the time of filing

application shall file with the Administrator a bond satisfactory to

him and in the amount of Five Thousand Dollars ($5,000.00) for each

license with a surety company qualified to do business in this

state. The said bond shall run to the state for the use of the

state and of any person or persons who may have cause of action

against the obligor of said bond under the provisions of this act.

Such bond shall be conditioned that the obligor will comply with the

provisions of this act and of all rules and regulations lawfully

made by the Administrator hereunder, and will pay to the state and

to any such person or persons any and all amounts of money that may

become due or owing to the state or to such person or persons from

said obligor under and by virtue of the provisions of this act

during the time such bond is in effect.

C. Each licensee shall maintain on file with the Administrator

a written appointment of a resident of this state as his agent for

service of all judicial or other process or legal notice, unless the

licensee has appointed an agent under another statute of this state.

In case of noncompliance, such service may be made on the

Administrator.