Okla. Stat. tit. 59, § 59-1525

Exemptions.

A. Upon the filing of an application, bond and the payment of

an annual license fee and a one-time investigation fee by a dealer,

the Administrator of Consumer Credit shall conduct an investigation

of the applicant prior to issuance of a dealer license.

B. Upon the filing of an application, and payment of the fee as

provided for in subsection A of Section 1526 of this title, and

payment of a fee by an employee of a licensed dealer, the

Administrator shall conduct an investigation of the applicant prior

to issuance of an employee license.

C. Upon renewal of a license for either a dealer or an

employee, the Administrator may conduct an investigation at the

Administrator’s discretion or at the request of a district attorney

for any county in which the applicant has a permanent place of

business.

D. If the Administrator finds that the financial

responsibility, experience and character of the dealer are such as

to warrant belief that the business will be operated lawfully and

fairly, within the purposes of the Precious Metal and Gem Dealer

Licensing Act, the dealer shall be issued a license.

E. A separate license shall be required for each location,

place or premises used by a dealer for the conducting of business

pursuant to the provisions of the Precious Metal and Gem Dealer

Licensing Act and each license shall designate the location, place,

or premises to which it applies. The business of the dealer shall

not be conducted in any place other than that designated by the

license. The license shall not be transferable.

F. If the Administrator does not find facts sufficient to

warrant issuance of a license, the Administrator shall notify the

applicant. If within thirty (30) days of such notification the

applicant requests a hearing on the application, a hearing shall be

held within sixty (60) days after the day of the request. In the

event of the denial of a license, the investigation fee shall be

retained by the Administrator, but the annual license fee shall be

returned to the applicant.

G. The Administrator shall grant or deny an application for

license within sixty (60) days from the day of filing or from the

last day of a hearing as provided in subsection F of this section,

unless the period is extended by written agreement between the

applicant and the Administrator.

Oklahoma Statutes - Title 59. Professions and Occupations Page 1148

H. The Administrator may issue more than one license to any one

person upon compliance with the provisions of the Precious Metal and

Gem Dealer Licensing Act as to each license. When a dealer wishes

to move the dealer’s business to another location, the dealer shall

give thirty (30) days' written notice to the Administrator, who

shall amend the license accordingly.

I. Licensed pawnbrokers shall not be subject to any of the fees

provided for in this section.