Okla. Stat. tit. 59, § 59-1506
This is the official text of Okla. Stat. tit. 59, § 59-1506, part of Oklahoma’s Stat. tit. 59, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 59,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Effect of license - Annual fee
Official statutory text
A. Each license shall state the name of the licensee and the
address at which the business is to be conducted. The license shall
be displayed at the place of business named in the license. The
license shall not be transferable or assignable except upon approval
by the Administrator of Consumer Credit.
B. A separate license shall be required for each pawnshop
operated under the Oklahoma Pawnshop Act.
The Administrator may issue more than one license to any one
person upon compliance with the provisions of the Oklahoma Pawnshop
Act as to each license. When a licensee wishes to move the
licensee's pawnshop to another location, the licensee shall give
thirty (30) days' written notice to the Administrator, who shall
amend the license accordingly.
C. Each license shall remain in full force and effect until
relinquished, suspended, revoked or expired. Every
licensee, on or before each December 1, shall pay the
Administrator an annual fee for the succeeding calendar
year. The license shall expire December 31 of any year for
which an annual fee has not been paid.
D. No licensing requirement or license fee shall be required,
levied or collected by any municipal corporation of this state;
provided that municipal corporations may require the payment of
regulatory fees not in excess of Fifty Dollars ($50.00) per annum.
Oklahoma Statutes - Title 59. Professions and Occupations Page 1129
address at which the business is to be conducted. The license shall
be displayed at the place of business named in the license. The
license shall not be transferable or assignable except upon approval
by the Administrator of Consumer Credit.
B. A separate license shall be required for each pawnshop
operated under the Oklahoma Pawnshop Act.
The Administrator may issue more than one license to any one
person upon compliance with the provisions of the Oklahoma Pawnshop
Act as to each license. When a licensee wishes to move the
licensee's pawnshop to another location, the licensee shall give
thirty (30) days' written notice to the Administrator, who shall
amend the license accordingly.
C. Each license shall remain in full force and effect until
relinquished, suspended, revoked or expired. Every
licensee, on or before each December 1, shall pay the
Administrator an annual fee for the succeeding calendar
year. The license shall expire December 31 of any year for
which an annual fee has not been paid.
D. No licensing requirement or license fee shall be required,
levied or collected by any municipal corporation of this state;
provided that municipal corporations may require the payment of
regulatory fees not in excess of Fifty Dollars ($50.00) per annum.
Oklahoma Statutes - Title 59. Professions and Occupations Page 1129
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
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.