Okla. Stat. tit. 59, § 59-3150.20
This is the official text of Okla. Stat. tit. 59, § 59-3150.20, 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.
Written report by licensee after occurrence of certain
Official statutory text
events.
Within fifteen (15) days of the occurrence of any one of the
following events, a licensee shall file a written report with the
Administrator of the Department of Consumer Credit describing the
event and its expected impact on the activities of the licensee in
this state:
1. The filing for bankruptcy or reorganization by the licensee;
2. Revocation or suspension proceedings instituted against the
licensee by any state or governmental authority;
3. The denial of the opportunity to engage in the business of
making loans by any state or governmental authority;
4. Any felony indictment of the licensee or any of its
directors, officers or principals;
5. Any felony conviction of the licensee or any of its
directors, officers or principals; and
Oklahoma Statutes - Title 59. Professions and Occupations Page 1533
6. Other events that the Administrator may determine and
identify by administrative regulation.
Within fifteen (15) days of the occurrence of any one of the
following events, a licensee shall file a written report with the
Administrator of the Department of Consumer Credit describing the
event and its expected impact on the activities of the licensee in
this state:
1. The filing for bankruptcy or reorganization by the licensee;
2. Revocation or suspension proceedings instituted against the
licensee by any state or governmental authority;
3. The denial of the opportunity to engage in the business of
making loans by any state or governmental authority;
4. Any felony indictment of the licensee or any of its
directors, officers or principals;
5. Any felony conviction of the licensee or any of its
directors, officers or principals; and
Oklahoma Statutes - Title 59. Professions and Occupations Page 1533
6. Other events that the Administrator may determine and
identify by administrative regulation.
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.