Okla. Stat. tit. 59, § 59-1953
This is the official text of Okla. Stat. tit. 59, § 59-1953, 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.
Investigation, license, and annual renewal fee
Official statutory text
A. Lessors shall pay an initial investigation and license fee
and an annual license renewal fee per place of business, which fees
shall accompany the license renewal form. Lessors shall also pay a
fee for any returned check, address or license change, or duplicate
license request. There shall be a late fee for a late application
for renewal of a license received after December 1 of each year.
This late fee shall consist of a charge of Ten Dollars ($10.00) per
day, for up to thirty (30) days.
B. Lessors shall pay a rental-purchase agreement reviewal fee
as prescribed by rule of the Commission on Consumer Credit for any
rental-purchase agreement submitted to the Administrator of Consumer
Credit for review and approval. The Commission may prescribe by
rule a process for submitting rental-purchase agreements to the
Administrator for review and approval.
and an annual license renewal fee per place of business, which fees
shall accompany the license renewal form. Lessors shall also pay a
fee for any returned check, address or license change, or duplicate
license request. There shall be a late fee for a late application
for renewal of a license received after December 1 of each year.
This late fee shall consist of a charge of Ten Dollars ($10.00) per
day, for up to thirty (30) days.
B. Lessors shall pay a rental-purchase agreement reviewal fee
as prescribed by rule of the Commission on Consumer Credit for any
rental-purchase agreement submitted to the Administrator of Consumer
Credit for review and approval. The Commission may prescribe by
rule a process for submitting rental-purchase agreements to the
Administrator for review and approval.
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.