Okla. Stat. tit. 59, § 59-1508

A. At such times as the Administrator of Consumer Credit may

deem necessary, the Administrator or a duly authorized

representative of the Administrator may make an examination of the

place of business of each licensee and may inquire into and examine

the transactions, books, accounts, papers, correspondence and

records of such licensee insofar as they pertain to the business

regulated by the Oklahoma Pawnshop Act. Such books, accounts,

papers, correspondence, records and property taken, purchased or

received shall also be open for inspection at any reasonable time to

federal law enforcement officials and the chief of police, district

attorney, sheriff or written designee of the law enforcement body in

whose jurisdiction the pawnshop is located, without any need of

judicial writ or other process. In the course of an examination,

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the Administrator or duly authorized representative or any

authorized peace officer shall have free access to the office, place

of business, files, safes and vaults of such licensee, and shall

have the right to make copies of any books, accounts, papers,

correspondence and records insofar as they pertain to the business

regulated by the Oklahoma Pawnshop Act. The Administrator or 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 the Oklahoma Pawnshop Act to consider,

investigate or secure information. Any licensee who fails or

refuses to permit the Administrator or duly authorized

representative or any authorized peace officer to examine or make

copies of such books or other relevant documents shall thereby be

deemed in violation of the Oklahoma Pawnshop Act and such failure or

refusal shall constitute grounds for the suspension or revocation of

such license. The information obtained in the course of any

examination or inspection shall be confidential, except in civil or

administrative proceedings conducted by the Administrator, or

criminal proceedings instituted by the state. 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.

B. Whenever a peace officer has probable cause to believe that

property in possession of a licensed pawnbroker is stolen or

embezzled, the peace officer of the local law enforcement agency of

the municipality or other political subdivision in which the

pawnshop resides may place a written hold order on the property.

The initial term of the written hold order shall not exceed thirty
onducted.

B. Whenever a peace officer has probable cause to believe that

property in possession of a licensed pawnbroker is stolen or

embezzled, the peace officer of the local law enforcement agency of

the municipality or other political subdivision in which the

pawnshop resides may place a written hold order on the property.

The initial term of the written hold order shall not exceed thirty

(30) days. However, the holding period may be extended in

successive thirty (30) day increments upon written notification

prior to the expiration of the initial holding period. If the

holding period has expired and has not been extended, the hold order

shall be considered expired and no longer in effect, and title shall

vest in the pawnbroker subject to any restrictions contained in the

pawn contract. The initial written hold order shall contain the

following information:

1. Signature of the pawnbroker or designee;

2. Name, title and identification number of the peace officer

placing the hold order;

3. Name and address of the agency to which the peace officer is

attached and the offense number;

4. Complete description of the property to be held, including

model number, serial number and transaction number;

5. Name of agency reporting the property to be stolen or

embezzled;

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6. Mailing address of the pawnshop where the property is held;

and

7. Expiration date of the holding period.

C. While a hold order is in effect, the pawnbroker may consent

to release, upon written receipt, the stolen or embezzled property

to the custody of the local law enforcement agency to which the

peace officer placing the hold order is attached. The consent to

release the stolen or embezzled property to the custody of law

enforcement is not a waiver or release of the pawnbroker's property

rights or interest in the property. Otherwise, the pawnbroker shall

not release or dispose of the property except pursuant to a court

order or the expiration of the holding period including all

extensions. The district attorney's office shall notify the

pawnbroker in writing in cases where criminal charges have been

filed that the property may be needed as evidence. The notice shall

contain the case number, the style of the case, and a description of

the property. The pawnbroker shall hold such property until

receiving notice of the disposition of the case from the district

attorney's office. The district attorney's office shall notify the

pawnbroker in writing within fifteen (15) days of the disposition of

the case. Willful noncompliance of a pawnbroker to a written hold

order shall be cause for the pawnbroker's license to either be

suspended or revoked pursuant to paragraph 2 of subsection B of

Section 1507 of this title. A hold order may be released prior to

the expiration of any thirty-day holding period by written release

from the agency placing the initial hold order.

D. For the purpose of discovering violations of the Oklahoma

Pawnshop Act or of securing information required hereunder, the

Administrator or duly authorized representative may investigate the

books, accounts, papers, correspondence and records of any licensee

or other person who the Administrator has reasonable cause to

believe is violating any provision of the Oklahoma Pawnshop Act

whether or not such person shall claim to be within the authority or

scope of the Oklahoma Pawnshop Act. For the purpose of this

section, any person who advertises for, solicits or holds himself

out as willing to make pawn transactions shall be presumed to be a

pawnbroker.

E. Each licensee shall keep or make available in this state

such books and records relating to pawn transactions made under the

Oklahoma Pawnshop Act as are necessary to enable the Administrator

to determine whether the licensee is complying with the Oklahoma

Pawnshop Act. Such books and records shall be consistent with
willing to make pawn transactions shall be presumed to be a

pawnbroker.

E. Each licensee shall keep or make available in this state

such books and records relating to pawn transactions made under the

Oklahoma Pawnshop Act as are necessary to enable the Administrator

to determine whether the licensee is complying with the Oklahoma

Pawnshop Act. Such books and records shall be consistent with

accepted accounting practices.

F. Each licensee shall preserve or make available such books

and records in this state relating to each of its pawn transactions

for four (4) years from the date of the transaction, or two (2)

years from the date of the final entry made thereon, whichever is

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later. Each licensee's system of records shall be accepted if it

discloses such information as may be reasonably required under the

Oklahoma Pawnshop Act. All agreements signed by customers 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. All credit sales made by a pawnbroker, other than

those sales defined in paragraph 6 of Section 1502 of this title as

a pawn transaction, shall be made in accordance with and subject to

the provisions of Title 14A of the Oklahoma Statutes.

G. Each licensee shall, annually on or before the first day of

May or other date thereafter fixed by the Administrator, file a

report with the Administrator setting forth such relevant

information as the Administrator may reasonably require 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 may 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 of Fifty Dollars ($50.00) if such report is not filed

on or before the date fixed by the Administrator.

H. The Administrator may promulgate rules necessary for the

enforcement of the Oklahoma Pawnshop Act consistent with all its

provisions. Before making such a rule relating to the licensees

subject to the Oklahoma Pawnshop Act, the Administrator shall give

each licensee at least thirty (30) days' written notice of a public

hearing, stating the time and place thereof and the terms or

substance of the proposed regulation. At the hearing, any licensee

or other person may be heard and may introduce evidence, data or

arguments or place the same on file. The Administrator, after

consideration of all relevant matters presented, shall adopt and

promulgate every rule in written form, stating the date of adoption

and date of promulgation. Each such rule shall be entered in a

permanent record book which shall be public record and be kept in

the Administrator's office. A copy of every rule shall be mailed to

each licensee, and no such rule shall become effective until the

expiration of at least twenty (20) days after such mailing. On the

application of any person and payment of the cost thereof, the

Administrator shall furnish such person a certified copy of such

rule.

I. Except as otherwise expressly provided in the Oklahoma

Pawnshop Act, the Administrative Procedures Act, Sections 250 et

seq. and 250.3 et seq. of Title 75 of the Oklahoma Statutes, applies

to and governs all administrative actions and civil proceedings

taken by the Administrator pursuant to the Oklahoma Pawnshop Act.