Okla. Stat. tit. 59, § 59-2095.12
This is the official text of Okla. Stat. tit. 59, § 59-2095.12, 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.
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Minimum standards for mortgage broker license renewal
Official statutory text
A. The minimum standards for license renewal for mortgage
brokers shall include the following:
1. The mortgage broker continues to meet the minimum standards
for license issuance under Section 2095.11 of this title; and
2. The mortgage broker has paid all required fees for renewal
of the license.
B. The license of a mortgage broker failing to satisfy the
minimum standards for license renewal shall expire. The
Administrator of Consumer Credit may adopt procedures in addition to
the requirements of paragraph 12 of subsection K of Section 2095.6
of this title for the reinstatement of expired licenses consistent
with the standards established by the Nationwide Multistate
Licensing System and Registry.
brokers shall include the following:
1. The mortgage broker continues to meet the minimum standards
for license issuance under Section 2095.11 of this title; and
2. The mortgage broker has paid all required fees for renewal
of the license.
B. The license of a mortgage broker failing to satisfy the
minimum standards for license renewal shall expire. The
Administrator of Consumer Credit may adopt procedures in addition to
the requirements of paragraph 12 of subsection K of Section 2095.6
of this title for the reinstatement of expired licenses consistent
with the standards established by the Nationwide Multistate
Licensing System and Registry.
Status: in_force · Read it on the official government site
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