Okla. Stat. tit. 59, § 59-2095.8: Prelicense education requirements - Course approval

A. In order to meet the prelicensing education requirement

referred to in Section 2095.7 of this title, an individual shall

complete at least twenty (20) hours of education approved in

accordance with subsection B of this section, which shall include at

least:

1. Three (3) hours of federal law and regulations;

2. Three (3) hours of ethics, which shall include instruction

on fraud, consumer protection and fair lending issues;

3. Two (2) hours of training related to lending standards for

the nontraditional mortgage product marketplace; and

4. One (1) hour of Oklahoma law and regulations.

B. For purposes of subsection A of this section, prelicensing

education courses shall be reviewed and approved by the Nationwide

Multistate Licensing System and Registry based upon reasonable

standards. Review and approval of a prelicensing education course

shall include review and approval of the course provider.

C. Nothing in this section shall preclude any prelicensing

education course as approved by the Nationwide Multistate Licensing

System and Registry that is provided by the employer of the

applicant or an entity which is affiliated with the applicant by an

agency contract or any subsidiary or affiliate of such employer or

entity.

D. Prelicensing education may be offered either in a classroom,

online or by any other means approved by the Nationwide Multistate

Licensing System and Registry.

E. The prelicensing education requirements approved by the

Nationwide Multistate Licensing System and Registry in paragraph 1

of subsection A and subsections B and C of this section for any

state shall be accepted as credit towards completion of prelicensing

education requirements in this state.

F. An individual previously licensed pursuant to the Oklahoma

Secure and Fair Enforcement for Mortgage Licensing Act, subsequent

to July 1, 2009, and applying to be licensed again, must prove

completion of all of the continuing education requirements for the

year in which the license was last held.