Okla. Stat. tit. 59, § 59-3150.9: Transferability and assignability – Change of control

requests.

A. A license issued pursuant to this act is not transferable or

assignable.

B. 1. The prior written approval of the Administrator of the

Department of Consumer Credit is required for the continued

operation of a small loan business whenever a change in control of a

licensee is proposed. The Administrator may require information

deemed necessary to determine whether a new application is required.

Reasonable and actual costs incurred by the Administrator in

investigating a change-of-control request shall be paid by the

person requesting approval. If the person acquiring control of a

licensee is already licensed under this act, the person shall notify

the Administrator thirty (30) days prior to the acquisition.

2. Whenever control is acquired or exercised in violation of

this section, the license shall be deemed revoked as of the date of

the unlawful acquisition of control. The licensee or its

controlling person shall surrender the license to the Administrator

on demand.

C. A licensee shall notify the Administrator thirty (30) days

before any change in the licensee's principal place of business,

branch office or name.