{"data":{"id":"us-ok/okla.-stat.-tit.-59-59-1505","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 59, § 59-1505","heading":"Issuance or denial of license - Fees","body":"A. Upon the filing of an application and bond and payment of an\n\nannual license fee and an investigation fee, the Administrator of\n\nConsumer Credit shall conduct an investigation. If the\n\nAdministrator finds that the financial responsibility, experience,\n\ncharacter and general fitness of the applicant are such as to\n\nwarrant belief that the business will be operated lawfully and\n\nfairly, within the purposes of the Oklahoma Pawnshop Act, and the\n\napplicant meets the eligibility requirements of Section 1503A of\n\nthis title, the Administrator shall grant the application and issue\n\nto the applicant a license which will evidence the applicant’s\n\nauthority to do business under the provisions of the Oklahoma\n\nPawnshop Act.\n\nB. If the Administrator does not so find facts sufficient to\n\nwarrant issuance of a license, the Administrator shall notify the\n\napplicant. If within thirty (30) days of such notification the\n\napplicant requests a hearing on the application, a hearing shall be\n\nheld within sixty (60) days after the date of the request. In the\n\nevent of the denial of a license, the investigation fee shall be\n\nretained by the Administrator, but the annual license fee shall be\n\nreturned to the applicant.\n\nC. The Administrator shall grant or deny each application for\n\nlicense within sixty (60) days from its filing with the required\n\nfees, or from the hearing thereon, if any, unless the period is\n\nextended by written agreement between the applicant and the\n\nAdministrator.\n\nD. No license to engage in the business of a pawnbroker shall\n\nbe issued for any location where a license has been issued and is in\n\neffect under the provisions of Section 3-501 et seq. of Title 14A of\n\nthe Oklahoma Statutes. The word \"location\" as used in this\n\nsubsection means the entire space in which a Title 14A licensee\n\nconducts business. No pawnshop may be connected with any location\n\nin which a Title 14A licensee conducts business, except by a\n\npassageway to which the public is not admitted.","path":["OK Code","Title 59"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os59.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"6d553a413fbda76778cb8793c51c02188546ed1ebea0be10db4081fe3b9295cf","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-59-59-1504","next":"us-ok/okla.-stat.-tit.-59-59-1506"},"notice":"GroundRules: Original legal text. Not legal advice."}