Okla. Stat. tit. 6, § 6-2107
This is the official text of Okla. Stat. tit. 6, § 6-2107, part of Oklahoma’s Stat. tit. 6, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 6,." Browse the sections below, each linked to its official government source.
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Annual license fees - Renewals - Display of license
Official statutory text
certificate - Exception.
A. Before any license is issued or renewed, the applicant or
licensee shall pay an annual license fee in the amount of Two
Hundred Dollars ($200.00), plus Ten Dollars ($10.00) for each
location within this state at which checks of the licensee are
issued or sold. With respect to license renewals, every licensee,
on or before each June 1, shall pay the annual license fee for the
succeeding fiscal year commencing July 1.
B. The State Banking Commissioner shall issue a license
certificate to a licensee satisfying the requirement therefor. The
license certificate shall be displayed prominently and be available
for inspection upon demand at each location of the licensee at which
checks of the licensee are to be issued or sold. It shall be the
responsibility of the licensee to provide a copy of the original
license certificate to the agent at each location for display. Any
location failing to display a license certificate may be prohibited
by the Commissioner from selling checks if the agent at such
location fails or refuses to comply with such display requirement
after receipt of written notice from the Commissioner. The
Commissioner shall provide the licensee with a copy of the written
notice and shall also notify the licensee in writing of any
additional action proposed or taken by the Commissioner.
C. A license issued hereunder shall remain in effect until
surrendered by the licensee or revoked, and may be renewed from year
to year upon payment of the fee required in subsection A of this
section, provided the licensee continues to comply with all
provisions of Section 2101 et seq. of this title and of all
regulations hereunder.
D. The requirements of this section shall not apply to those
locations where checks of the licensee are issued or sold which are
governmental departments or financial institutions fully exempt from
Oklahoma Statutes - Title 6. Banks and Trust Companies Page 274
the provisions of the Sale of Checks Act pursuant to Section 2104 of
this title.
E. Fees collected pursuant to this section shall be deposited
in the Oklahoma State Banking Department revolving fund pursuant to
Section 211.1 of this title.
A. Before any license is issued or renewed, the applicant or
licensee shall pay an annual license fee in the amount of Two
Hundred Dollars ($200.00), plus Ten Dollars ($10.00) for each
location within this state at which checks of the licensee are
issued or sold. With respect to license renewals, every licensee,
on or before each June 1, shall pay the annual license fee for the
succeeding fiscal year commencing July 1.
B. The State Banking Commissioner shall issue a license
certificate to a licensee satisfying the requirement therefor. The
license certificate shall be displayed prominently and be available
for inspection upon demand at each location of the licensee at which
checks of the licensee are to be issued or sold. It shall be the
responsibility of the licensee to provide a copy of the original
license certificate to the agent at each location for display. Any
location failing to display a license certificate may be prohibited
by the Commissioner from selling checks if the agent at such
location fails or refuses to comply with such display requirement
after receipt of written notice from the Commissioner. The
Commissioner shall provide the licensee with a copy of the written
notice and shall also notify the licensee in writing of any
additional action proposed or taken by the Commissioner.
C. A license issued hereunder shall remain in effect until
surrendered by the licensee or revoked, and may be renewed from year
to year upon payment of the fee required in subsection A of this
section, provided the licensee continues to comply with all
provisions of Section 2101 et seq. of this title and of all
regulations hereunder.
D. The requirements of this section shall not apply to those
locations where checks of the licensee are issued or sold which are
governmental departments or financial institutions fully exempt from
Oklahoma Statutes - Title 6. Banks and Trust Companies Page 274
the provisions of the Sale of Checks Act pursuant to Section 2104 of
this title.
E. Fees collected pursuant to this section shall be deposited
in the Oklahoma State Banking Department revolving fund pursuant to
Section 211.1 of this title.
Status: in_force · Read it on the official government site
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