Okla. Stat. tit. 3, § 3-254.1

suspension and revocation - Fine.

A. It shall be unlawful for any person to engage in the

business of selling new or used aircraft in this state, or to serve

in the capacity of, or act as a dealer of new or used aircraft in

this state without first obtaining a dealer license as provided in

this section. Any person utilizing more than one location where

such business is carried on or conducted shall be required to obtain

and hold a current license for each such location.

B. Dealer licenses issued pursuant to this section shall be

issued only to persons that prove to the satisfaction of Service

Oklahoma that they are clearly recognizable as bona fide dealers.

Proof of bona fide dealer status shall include, but not be limited

to, the following:

1. Consistent identification of the business as a dealer

establishment in advertising, signs, telephone book listings, web

sites, and other similar means. The dealership shall be clearly

identifiable as such by any person who visits or deals with the

business; and

2. A picture, upon application for a new license, of the

business location which includes the office and business sign.

C. Applications for licenses required to be obtained pursuant

to this section shall be verified by the oath or affirmation of the

applicant and shall be made on forms prescribed by Service Oklahoma.

The form shall contain such information as Service Oklahoma deems

necessary to enable it to fully determine the qualifications and

eligibility of the applicant to receive the license requested.

Service Oklahoma shall require in such application information

relating to:

1. Whether the applicant has an established place of business

and is primarily engaged in the pursuit or business of selling

aircraft;

2. Whether the applicant is able to properly conduct the

business for which the license has been requested; and

3. Such other pertinent information consistent with the

safeguarding of the public interest and the public welfare.

All applications for licenses shall be accompanied by the

appropriate fees in accordance with the provisions of this section.

In the event any application is denied and the license requested is

not issued, the entire license fee shall be returned to the

applicant.

Oklahoma Statutes - Title 3. Aircraft and Airports Page 89

D. All licenses issued pursuant to this section shall expire on

December 31 of the second year following the date of issue. All

licenses shall be nontransferable. All applications for renewal of

a license shall be submitted by November 1 of the year of renewal,

and such license shall be issued by January 1. If a licensee has

not made an application for renewal of the licenses by December 31,

it shall be illegal for that licensee to sell new or used aircraft

in this state or to serve in the capacity of or act as a dealer of

new or used aircraft in this state. If after December 31 the

license has not been renewed, then such licensee shall be required

to apply for a license as a new applicant.

E. The license fee to be charged and received by Service

Oklahoma for the license issued pursuant to this section shall be

Two Hundred Fifty Dollars ($250.00). There shall be no fee for

renewal of a license unless the licensee is required pursuant to

this section to apply for a license as a new applicant.

F. Service Oklahoma may deny an application for a license, or

revoke or suspend a license, or impose a fine not to exceed Five

Hundred Dollars ($500.00) against a dealer for each day that any

provision of this section is violated, or for any of the following

reasons:

1. On satisfactory proof of unfitness of the applicant in any

application for a license pursuant to this section;

2. For any material misstatement made by an applicant in any

application for a license pursuant to this section;

3. A change of condition after a license is granted resulting

in failure to maintain the qualifications for a license;
violated, or for any of the following

reasons:

1. On satisfactory proof of unfitness of the applicant in any

application for a license pursuant to this section;

2. For any material misstatement made by an applicant in any

application for a license pursuant to this section;

3. A change of condition after a license is granted resulting

in failure to maintain the qualifications for a license;

4. Being a dealer who:

a. uses false or misleading advertising in connection

with the business as a dealer,

b. has committed any unlawful act which resulted in the

revocation of any similar license in another state,

c. has failed or refused to perform any written agreement

with any retail buyer involving the sale of an

aircraft,

d. has been convicted of a crime involving moral

turpitude,

e. has committed a fraudulent act in selling, purchasing,

or otherwise dealing in aircraft, or has

misrepresented the terms and conditions of a sale,

purchase, or contract for sale or purchase of an

aircraft, or

f. has failed to meet or maintain the conditions and

requirements necessary to qualify for the issuance of

a license; or

5. Being a dealer who does not have an established place of

business.

Oklahoma Statutes - Title 3. Aircraft and Airports Page 90

Service Oklahoma may also assess any excise tax, including

penalty and interest, against any dealer determined by Service

Oklahoma to be in violation of this section for any aircraft sold or

purchased while such dealer was in violation of this section.

G. Service Oklahoma may deny any application for a license, or

suspend or revoke a license issued or impose a fine, only after

appropriate notice and a hearing as set forth by rule of Service

Oklahoma.

H. Any person holding a dealer license on July 1, 2000, issued

pursuant to Section 254 of Title 3 of the Oklahoma Statutes shall be

entitled to retain such license until December 31, 2000. At such

time, the dealer shall apply for a new license in accordance with

the provisions of this section.