{"data":{"id":"us-ok/okla.-stat.-tit.-59-59-1512v1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 59, § 59-1512v1","heading":"Administration and enforcement","body":"A. Rule Making Power. The Administrator shall have the same\n\nauthority to adopt, amend and repeal rules as is conferred upon him\n\nby paragraph (e) of subsection (1), and subsections (2) and (3) of\n\nSection 6-104 of Title 14A of the Oklahoma Statutes, as applicable,\n\nand such rules shall have the same effect as provided in subsection\n\n(4) of Section 6-104 thereunder. In addition, the Administrator may\n\nadopt, amend and repeal such other rules as are necessary for the\n\nenforcement of the provisions of Section 1501 et seq. of this title\n\nand consistent with all its provisions.\n\nB. Administrative Enforcement. Compliance with the provisions\n\nof this act may be enforced by the Administrator who may exercise,\n\nfor such purpose, all the powers enumerated in Part 1 of Article 6,\n\nTitle 14A of the Oklahoma Statutes, in the same manner as in\n\nrelation to consumer credit transactions under that act, as well as\n\nthose powers conferred in this act.\n\nC. Criminal Penalties. 1. Any person who engages in the\n\nbusiness of operating a pawn shop without first securing the license\n\nprescribed by this act shall be guilty of a misdemeanor and upon\n\nconviction thereof shall be punished by a fine not in excess of One\n\nThousand Dollars ($1,000.00), by confinement in the county jail for\n\nnot more than six (6) months or by both.\n\n2. Any person selling or pledging property to a pawnbroker who\n\nuses false or altered identification or a false declaration of\n\nownership as related to the provisions of Section 1515 of this title\n\nshall, if the value of the property is One Thousand Dollars\n\n($1,000.00) or more, be guilty of a felony, and upon conviction\n\nshall be punished by imprisonment in the State Penitentiary not to\n\nexceed five (5) years or in the county jail not to exceed one (1)\n\nyear, or by a fine not to exceed Five Hundred Dollars ($500.00), or\n\nby both such imprisonment and fine. If the value of the property\n\nreceived is less than One Thousand Dollars ($1,000.00), the person\n\nshall be guilty of a misdemeanor and shall be punished by a fine of\n\nnot more than Five Hundred Dollars ($500.00) or by imprisonment in\n\nthe county jail for a term not to exceed six (6) months, or by both\n\nsuch fine and imprisonment. However, if the property is one or more\n\nfirearms, or was acquired by means of robbery or burglary, the\n\nperson shall be punished by imprisonment in the State Penitentiary\n\nnot to exceed five (5) years or in the county jail not to exceed one\n\n(1) year, or by a fine not to exceed Five Hundred Dollars ($500.00),\n\nor by both such imprisonment and fine, without regard to the value\n\nof the property.\n\n3. Any person who fails to repay a pawnbroker the full amount\n\nreceived from a pawn or buy transaction after being officially\n\nnotified by a peace officer that the goods he pledged or sold in\n\nthat transaction were stolen or embezzled shall be guilty of a\n\nmisdemeanor and upon conviction shall be punished by imprisonment in\n\nthe county jail for a term not to exceed six (6) months, or a fine\n\nnot to exceed Five Hundred Dollars ($500.00), or by both such fine\n\nand imprisonment.\n\nD. Private Enforcement. 1. If any person engages in the\n\nbusiness of operating a pawnshop without first securing the license\n\nprescribed by this act, or if any pawnbroker contracts for, charges\n\nor receives a pawn finance charge in excess of that authorized by\n\nthis act, the pawn transaction shall be void and the customer is not\n\nobligated to pay either the amount financed or the pawn finance\n\ncharge in connection with the transaction, and upon the customer's\n\ndemand, the pawnbroker shall be obligated to return to the customer,\n\nas a refund, all amounts paid in connection with the transaction by\n\nthe customer and the pledged goods delivered to the pawnbroker in\n\nconnection with the pawn transaction or their value if the goods\nin connection with the transaction, and upon the customer's\n\ndemand, the pawnbroker shall be obligated to return to the customer,\n\nas a refund, all amounts paid in connection with the transaction by\n\nthe customer and the pledged goods delivered to the pawnbroker in\n\nconnection with the pawn transaction or their value if the goods\n\ncannot be returned. If a customer is entitled to a refund under\n\nthis section and a pawnbroker liable to the customer refuses to make\n\nthe refund within a reasonable time after demand, the customer shall\n\nhave an action against the pawnbroker and in the case of a\n\nsuccessful action to enforce such liability, the costs of the action\n\ntogether with attorney fees as determined by the court shall be\n\nawarded to the customer.\n\n2. A pawnbroker who fails to disclose information to a customer\n\nentitled to the information under this act is liable to that person\n\nin an amount equal to the sum of:\n\na. twice the amount of the pawn finance charge in\n\nconnection with the transaction, or One Hundred\n\nDollars ($100.00), whichever is greater;, and\n\nb. in the case of a successful action to enforce the\n\nliability under paragraph 1 of this subsection, the\n\ncosts of the action together with reasonable attorney\n\nfees as determined by the court.","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":"d20c6669911a0193277f062a408083fd897c15631a7950f37e73931725027227","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-59-59-1512","next":"us-ok/okla.-stat.-tit.-59-59-1512v2"},"notice":"GroundRules: Original legal text. Not legal advice."}