Okla. Stat. tit. 68, § 68-6004: Report on transfer of legal ownership of aircraft -

Cancellation or suspension of license.

Service Oklahoma shall require every person licensed as a dealer

in aircraft pursuant to the provisions of Sections 251 through 257

of Title 3 of the Oklahoma Statutes to make a report to Service

Oklahoma within a period of thirty (30) days after the transfer by

such person of the legal ownership of any aircraft. The report

shall be made on a form prescribed and furnished by Service

Oklahoma, showing the name and address of the purchaser, a

description of the aircraft including the name of the manufacturer,

the Federal Aviation Administration registration number of the

aircraft, the type and year manufactured, the serial number, the

date of the transfer, whether the aircraft is exempt from the

aircraft excise tax pursuant to Section 6003 of this title, and the

amount of the sale price. Service Oklahoma may cancel or suspend

the license of any person licensed as a dealer in aircraft pursuant

to the provisions of Sections 251 through 257 of Title 3 of the

Oklahoma Statutes who shall fail or refuse to comply with the

provisions of Sections 6001 through 6007 of this title.