{"data":{"id":"us-ok/okla.-stat.-tit.-59-59-1525","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 59, § 59-1525","heading":"Fees - Investigations - Grant or denial of license -","body":"Exemptions.\n\nA. Upon the filing of an application, bond and the payment of\n\nan annual license fee and a one-time investigation fee by a dealer,\n\nthe Administrator of Consumer Credit shall conduct an investigation\n\nof the applicant prior to issuance of a dealer license.\n\nB. Upon the filing of an application, and payment of the fee as\n\nprovided for in subsection A of Section 1526 of this title, and\n\npayment of a fee by an employee of a licensed dealer, the\n\nAdministrator shall conduct an investigation of the applicant prior\n\nto issuance of an employee license.\n\nC. Upon renewal of a license for either a dealer or an\n\nemployee, the Administrator may conduct an investigation at the\n\nAdministrator’s discretion or at the request of a district attorney\n\nfor any county in which the applicant has a permanent place of\n\nbusiness.\n\nD. If the Administrator finds that the financial\n\nresponsibility, experience and character of the dealer are such as\n\nto warrant belief that the business will be operated lawfully and\n\nfairly, within the purposes of the Precious Metal and Gem Dealer\n\nLicensing Act, the dealer shall be issued a license.\n\nE. A separate license shall be required for each location,\n\nplace or premises used by a dealer for the conducting of business\n\npursuant to the provisions of the Precious Metal and Gem Dealer\n\nLicensing Act and each license shall designate the location, place,\n\nor premises to which it applies. The business of the dealer shall\n\nnot be conducted in any place other than that designated by the\n\nlicense. The license shall not be transferable.\n\nF. If the Administrator does not 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 day 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\nG. The Administrator shall grant or deny an application for\n\nlicense within sixty (60) days from the day of filing or from the\n\nlast day of a hearing as provided in subsection F of this section,\n\nunless the period is extended by written agreement between the\n\napplicant and the Administrator.\n\nH. The Administrator may issue more than one license to any one\n\nperson upon compliance with the provisions of the Precious Metal and\n\nGem Dealer Licensing Act as to each license. When a dealer wishes\n\nto move the dealer’s business to another location, the dealer shall\n\ngive thirty (30) days' written notice to the Administrator, who\n\nshall amend the license accordingly.\n\nI. Licensed pawnbrokers shall not be subject to any of the fees\n\nprovided for in this section.","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":"d7c484d582ae7cbbb3719b893c1bbaf0304c48c7c33519a939b64547a5126aec","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-59-59-1524","next":"us-ok/okla.-stat.-tit.-59-59-1526"},"notice":"GroundRules: Original legal text. Not legal advice."}