Okla. Stat. tit. 14A, § 14A-6-503

Bipartisan composition.

The Governor annually shall appoint one Commission member to

serve at large for a term of five (5) years, expiring on January 1.

However, for the initial appointments, the Governor shall appoint

five at-large members, and designate one member to serve for a term

of one (1) year; one member to serve for a term of two (2) years;

one member to serve for a term of three (3) years; one member to

serve for a term of four (4) years; and one member to serve for a

term of five (5) years, from their respective dates of appointment

and qualification. Upon the expiration of these initial terms, the

Oklahoma Statutes - Title 14A. Consumer Credit Code Page 226

term of each member shall be five (5) years from the date of his

appointment and qualification, and until his successor shall

qualify. No more than three at-large members of the Commission

shall be members of the same political party. The Commission shall

include four additional members, one who shall be actively engaged

in the business of making supervised loans pursuant to the

provisions of Section 3-508A of this title, one who shall be

actively engaged in the business of making supervised loans pursuant

to the provisions of Section 3-508B of this title, one who shall be

actively engaged in the business of making pawn loans pursuant to

the provisions of the Oklahoma Pawnshop Act and one who shall be a

mortgage loan originator licensed pursuant to Section 8 of this act

and has worked in this state for a minimum of three (3) years.

These additional members shall be appointed in the following manner:

one appointed by the Governor with the advice and consent of the

Senate upon recommendation of the Oklahoma Consumer Finance

Association, Inc., one appointed by the Governor with the advice and

consent of the Senate upon recommendation of the Independent Finance

Institute, Inc., one appointed by the Governor with the advice and

consent of the Senate upon the recommendation of the Oklahoma

Pawnbrokers Association, Inc., and one appointed by the Governor

with the advice and consent of the Senate upon recommendation of the

Oklahoma Association of Mortgage Professionals, or its successor,

and whose initial appointment shall be made January 1, 2010. The

appointments shall be made only from a list of twelve names

submitted to the Governor by each recommending entity. If any

recommending entity fails to submit a list within thirty (30) days

after a vacancy occurs, the Governor, with the advice and consent of

the Senate, shall fill the vacancy with a person qualified pursuant

to the provisions of this section pertaining to additional members.

For the initial appointments of these additional members, the

Governor shall designate one member to serve for a term of three (3)

years; one member to serve for a term of four (4) years; and one

member to serve for a term of five (5) years, from the respective

dates of appointment and qualification. No more than two of these

additional members shall be members of the same political party.

Vacancies for any unexpired term of any member of the Commission

shall be filled by the Governor in the same manner as the initial

appointments were made. All members of the Commission shall be

eligible for reappointment.