Okla. Stat. tit. 14A, § 14A-3-506

Investigations.

(1) At such times as the Administrator of Consumer Credit shall

deem necessary, the Administrator or a duly authorized

representative shall make an examination of the place or places of

business of each licensee and shall inquire into and examine the

loans, transactions, books, accounts, papers, correspondence, and

records of such licensee insofar as they pertain to the business

regulated by this title. In the course of such examination, the

Administrator or the duly authorized representative shall have free

access to the office, place of business, files, safes and vaults of

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such licensee, and shall have the right to make copies of such

books, accounts, papers, correspondence and records. The

Administrator or the duly authorized representative may, during the

course of such examination, administer oaths and examine any person

under oath upon any subject pertinent to any matter about which the

Administrator is authorized or required by this title to consider,

investigate, or secure information. Any licensee who shall fail or

refuse to let the Administrator or the duly authorized

representative examine or make copies of such books, or other

relevant documents shall thereby be deemed in violation of this

title and such failure or refusal shall constitute grounds for the

administrative action against such license. The information

obtained in the course of such examination shall be confidential.

Each licensee shall pay to the Administrator an examination fee.

The Administrator may require payment of an examination fee either

at the time of initial application, renewal of the license, or after

an examination has been conducted.

(2) For the purpose of discovering violations of this title or

of securing information required hereunder, the Administrator or a

duly authorized representative may investigate the books, accounts,

papers, correspondence and records of any licensee or other person

whom the Administrator has reasonable cause to believe is violating

any provision of this title whether or not such person shall claim

to be within the authority or scope of this part. For the purpose

of this part, any person who advertises for, solicits or otherwise

communicates a willingness to make loans on which the loan finance

charge exceeds ten percent (10%) per year as determined according to

the provisions on loan finance charges for consumer loans, Section

3-201 of this title, shall be presumed to be engaged in the business

of making supervised loans.

(3) Each licensee shall keep or make available in this state

such books and records relating to loans made under this title as

are necessary to enable the Administrator to determine whether the

licensee is complying with this title. Such books and records shall

be consistent with accepted accounting practices.

(4) Each licensee shall preserve or make available such books

and records in this state relating to each of its loans for four (4)

years from the date of the loan, or two (2) years from the date of

the final entry made thereon, whichever is later. Each licensee's

system of records shall be accepted if it discloses such information

as may be reasonably required under this title. All obligations

signed by borrowers shall be kept at an office in this state

designated by the licensee, except when transferred under an

agreement which gives the Administrator access thereto.
from the date of

the final entry made thereon, whichever is later. Each licensee's

system of records shall be accepted if it discloses such information

as may be reasonably required under this title. All obligations

signed by borrowers shall be kept at an office in this state

designated by the licensee, except when transferred under an

agreement which gives the Administrator access thereto.

(5) Each licensee shall, annually on or before the first day of

May, file a report with the Administrator setting forth such

relevant information as the Administrator may reasonably require

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concerning the business and operations during the preceding calendar

year for each licensed place of business conducted by such licensee

within the state. Such report shall be made under oath and shall be

in the form prescribed by the Administrator, who shall make and

publish annually a consolidated analysis and recapitulation of such

reports, but the individual reports shall be held confidential.

There shall be a late fee for any annual report received after May

1.

(6) The Administrator may promulgate rules necessary for the

enforcement of this title and consistent with all of its provisions.

Before adopting a rule the Administrator shall give every licensee

at least twenty (20) days' written notice of a public hearing,

stating the time and place thereof and the terms or substance of the

proposed rule. At the hearing, any licensee or other person may be

heard and introduce evidence, data, or arguments or place the same

on file. The Administrator shall adopt and promulgate every rule in

written form stating the date of adoption and the date of

promulgation. A copy of every rule shall be mailed to each licensee

prior to the effective date.

(7) On application of any person and payment of the costs

therefor, the Administrator shall furnish under the Administrator’s

seal and signed by the Administrator or an assistant, a certificate

of good standing or a certified copy of any license, rule or order.

(8) Any transcript of any hearing held by the Administrator or

the independent hearing examiner under this title shall be a public

record and open to inspection at all reasonable times.

(9) Upon failure without lawful excuse to obey a subpoena or to

give testimony and upon reasonable notice to all persons affected

thereby, the Administrator or a representative may apply to a court

for an order compelling compliance, as provided by the

Administrative Procedures Act.

(10) There shall be assessed, in addition to any other

penalties provided for by law, an administrative service fee for

each check returned to the Department of Consumer Credit or any

agent thereof by reason of the refusal of the bank upon which such

check was drawn to honor the same. However, the fee provided in

this subsection shall not be assessed for any check returned because

of "insufficient funds" unless the check has been presented to the

bank two times and payment declined by the bank.