Okla. Stat. tit. 59, § 59-858-312.1: Certain persons prohibited from participation in

real estate business.

A. No person whose license is revoked or suspended shall

operate directly or indirectly or have a participating interest, or

act as a member, partner or officer, in any real estate business,

corporation, association or partnership that is required to be

licensed pursuant to this Code.

B. No person whose license is cancelled, surrendered or lapsed

pending investigation or disciplinary proceedings shall operate

directly or indirectly or have a participating interest, or act as a

member, partner or officer, in any real estate business,

corporation, association or partnership that is required to be

licensed pursuant to this Code until such time as the Commission

makes a determination on the pending investigation or disciplinary

proceedings and approves an application for license.