Okla. Stat. tit. 59, § 59-3150.8: License expiration - Renewal

A. Any license issued between January 1, 2020, and December 31,

2020, shall expire on December 31, 2021. All licenses issued on and

after January 1, 2021, shall expire on December 31 in the year such

license is issued, unless earlier surrendered, suspended or revoked

pursuant to this act. On and after January 1, 2021, an initial

license fee may be prorated to correspond to the number of months

between the issuing date and the expiration date of December 31 of

the same year.

B. Each license may be renewed for the ensuing twelve-month

period upon application by the license holder showing continued

compliance with the requirements of this act and the payment to the

Administrator of the Department of Consumer Credit annually by

December 1 of a license renewal fee of Five Hundred Fifty Dollars

($550.00).

C. A licensee making timely and complete application for

renewal of its license shall be permitted to continue to operate

under its existing license until its application is approved or

denied.