Okla. Stat. tit. 14A, § 14A-3-503

This is the official text of Okla. Stat. tit. 14A, § 14A-3-503, part of Oklahoma’s Stat. tit. 14A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 14A,." Browse the sections below, each linked to its official government source.

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Application for license – Annual fee - Appointment of

Official statutory text

statutory agent – Bond - Criminal history check.

(1) Application for a license shall be under oath, shall give

the approximate location from which the business is to be conducted,

and shall contain such relevant information as the Administrator of

Consumer Credit may require. When making application for one or

more licenses, the applicant shall pay an investigation fee and an

annual license fee.

Oklahoma Statutes - Title 14A. Consumer Credit Code Page 147

(2) Every licensee shall maintain on file with the

Administrator a written appointment of a resident of this state as

the agent for service of all judicial or other process or legal

notice, unless the licensee has appointed an agent under another

statute of this state. In case of noncompliance, such service may

be made on the Administrator.

(3) Every applicant shall, also, at the time of filing such

application, file with the Administrator, if required, a bond

satisfactory to the Administrator and in an amount not to exceed

Five Thousand Dollars ($5,000.00) for the first license and One

Thousand Dollars ($1,000.00) for each additional license with a

surety company qualified to do business in this state as surety,

whose total liability in the aggregate shall not exceed the amount

of such bond so fixed. The bond shall run to the state for the use

of the state and of any person or persons who may have cause of

action against the obligor of the bond under the provisions of this

title. Such bond shall be conditional that the obligor will

faithfully conform to and abide by the provisions of this title and

to all rules lawfully made by the Administrator hereunder and will

pay to the state and to any such person or persons any and all

amounts of money that may become due or owing to the state or to

such person or persons from such obligor under and by virtue of the

provisions of this title during the calendar year for which the bond

is given.

(4) As part of the investigation, the Administrator may conduct

a national criminal history check pursuant to subsection B of

Section 150.9 of Title 74 of the Oklahoma Statutes. The applicant

shall furnish to the Administrator, upon request by the

Administrator, a complete set of the applicant's fingerprints that

shall be certified by an authorized law enforcement officer.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.