§14A-6-202. Notification.
(1) Persons subject to this part shall file notification with the Administrator within thirty (30) days after commencing business in this state, and thereafter, on or before January 31 of each year. The notification shall state (a)name of the person; (b)name in which business is transacted if different from (1); (c)address of principal office, which […]
§14A-6-105. Administrative enforcement powers with respect to supervised financial institutions.
(1) With respect to supervised financial organizations, the powers of examination and investigation under Sections 3-506 and 6-106 of this title and administrative enforcement under Section 6-108 of this title shall be exercised by the official or agency to whose supervision the organization is subject. All other powers of the Administrator under this title may […]
§14A-6-203. Fees.
(1) Any person required to file notification pursuant to the provisions of Section 6-201 of this title, on or before January 31 of each year, shall pay to the Administrator of Consumer Credit an annual fee as prescribed by rule, and an investigation fee of One Hundred Dollars ($100.00) for each business location. A late […]
§14A-6-106. Investigatory powers.
(1) If the Administrator has probable cause to believe that a person has engaged in an act which is subject to action by the Administrator, he may make an investigation to determine whether the act has been committed, and, to the extent necessary for this purpose, may administer oaths or affirmations, and upon his own […]
§14A-6-301. Consumer Credit Administrative Expenses Revolving Fund.
There is hereby created in the State Treasury a revolving fund for the Commission on Consumer Credit to be designated as the “Consumer Credit Administrative Expenses Revolving Fund”. The fund shall be a continuing fund, not subject to fiscal year limitations and shall consist of all monies as directed to be deposited in such fund […]
§14A-6-107. Application of Administrative Procedure Act.
Except as otherwise provided, the State Administrative Procedure Act (Title 75, Oklahoma Statutes, Chapters 7 and 8) applies to and governs all administrative action taken by the Administrator pursuant to this article or the part on regulated and supervised Loans (Part 5) of the article on loans (Article 3). Added by Laws 1969, c. 352, […]
§14A-6-302. Commission on Consumer Credit – Prescription of fees.
(1) The Commission on Consumer Credit shall prescribe by administrative rules all fees authorized by the Uniform Consumer Credit Code, the Credit Services Organization Act, the Oklahoma Pawnshop Act, the Precious Metal and Gem Dealer Licensing Act, the Oklahoma Rental-Purchase Act, the Oklahoma Health Spa Act, the Oklahoma Secure and Fair Enforcement for Mortgage Licensing […]
§14A-6-108. Administrative enforcement orders – Review.
(1) After notice and hearing, the Administrator or the independent hearing examiner may order a creditor or a person acting in the creditor’s behalf to cease and desist from engaging in violations of this title. (2) A respondent aggrieved by an order of the Administrator may obtain judicial review of the order as provided by […]
§14A-6-303. Deposit of fees in Consumer Credit Administrative Expenses Revolving Fund.
A. Beginning on the effective date of this act, ninety percent (90%) of all fees and civil penalties collected by the Department of Consumer Credit pursuant to the Uniform Consumer Credit Code, the Credit Services Organization Act, the Oklahoma Pawnshop Act, the Precious Metal and Gem Dealer Licensing Act, the Oklahoma Rental-Purchase Act, the Oklahoma […]
§14A-6-109. Assurance of discontinuance.
If it is claimed that a person has engaged in conduct subject to an order by the Administrator (Section 6-108) or by a court (Sections 6-110 through 6-112), the Administrator may accept an assurance in writing that the person will not engage in the conduct in the future. If a person giving an assurance of […]