Okla. Stat. tit. 14A, § 14A-3-505

disclosures required of licensee.

(1) The Administrator of Consumer Credit shall appoint an

independent hearing examiner to conduct all administrative hearings

involving alleged violations of this title. The independent hearing

examiner shall have authority to exercise all powers granted by

Article II of the Administrative Procedures Act in conducting

hearings. The independent hearing examiner shall recommend

penalties authorized by this title and issue proposed orders, with

proposed findings of fact and proposed conclusions of law, to the

Administrator pursuant to Article II of the Administrative

Procedures Act. The Administrator shall review the proposed order

and issue a final agency order in accordance with Article II of the

Administrative Procedures Act. The costs of the hearing examiner

may be assessed by the hearing examiner against the respondent,

unless the respondent is the prevailing party. Any person aggrieved

by a final agency order of the Administrator may obtain judicial

review in accordance with the Administrative Procedures Act. The

jurisdiction and venue of any such action shall be in the district

court of Oklahoma County.

(2) The Administrator may, after notice and hearing, censure,

probate, suspend, revoke or refuse to renew any license, or in

addition to or in lieu of censure, probation, suspension or

revocation, order refunds for unlawful charges if the Administrator

finds that:

(a) The licensee has failed to pay the annual license fee

imposed by this title, or an examination fee,

Oklahoma Statutes - Title 14A. Consumer Credit Code Page 150

investigation fee or other fee or charge imposed by

the Administrator under the authority of this title,

(b) The licensee, either knowingly or without the exercise

of due care to prevent the same, has violated any

provision of this title or any regulation or order

lawfully made pursuant to and within the authority of

this title, or

(c) Any fact or condition exists which, if it had existed

or had been known to exist at the time of the original

application for such license, clearly would have

justified the Administrator in refusing to issue such

license.

(3) Any licensee may surrender any license by delivering it to

the Administrator with written notice of its surrender, but such

surrender shall not affect the administrative, civil or criminal

liability for acts committed prior thereto.

(4) No revocation, suspension, or surrender of any license

shall impair or affect the obligation of any preexisting lawful

contract between the licensee and any borrower.

(5) The Administrator may reinstate suspended licenses or issue

new licenses to a person whose license or licenses have been revoked

if no fact or condition then exists which clearly would have

justified the Administrator or the independent hearing examiner in

refusing originally to issue such license under this part.

(6) Every licensee shall notify the Administrator of the

conviction of or plea of guilty or nolo contendere to any felony

within thirty (30) days after the plea is taken and also within

thirty (30) days of the entering of an order of judgment and

sentencing and shall notify the Administrator of any administrative

action resulting in revocation, suspension, or amendment of a

license taken against the licensee in another state within thirty

(30) days of the entering of the administrative order in that state.