Okla. Stat. tit. 70, § 70-21-108: Revocation of license or permit - Nontransferability

A license or permit issued or renewed under the provisions of

this act may, after reasonable notice to the private school and an

opportunity to be heard, be revoked by the Board for a failure of

the private school to maintain the accreditation or the minimum

standards fixed by the Board by which such private school obtained

its license, or to maintain the bond required by Section 6 of this

act, or for a violation of any of the rules and regulations

pertaining to minimum standards of the Board. No license or permit

issued under this act shall be transferable.