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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 59, § 59-3150.4: Application for licensure

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Where this section sits in the code
  1. OK Code
  2. Title 59

A. On and after January 1, 2020, a person may apply for

licensure pursuant to the Oklahoma Small Lenders Act; provided,

however, no person is authorized to make any small loan pursuant to

this act until August 1, 2020, and thereafter; and provided further,

such person making any small loan must be in possession of a valid

license issued pursuant to this act.

B. Each application for a license shall be in a form

established by the Administrator of the Department of Consumer

Credit by promulgation of an administrative rule and shall include

the following:

1. The legal name, residence and business address of the

applicant and, if the applicant is a partnership, association or

corporation, the legal name, residence and business address of every

member, officer, managing employee and director of the applicant;

2. Every person licensed under this act shall maintain an agent

in this state for service of process. The name, address, telephone

number and electronic mail address of the agent shall be filed with

the application. The Administrator shall be notified in writing by

the licensee at least five (5) days prior to any change in the

status of an agent; and

3. Other data and information the Administrator may require

about the applicant, its directors, trustees, officers, members,

managing employees or agents.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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