Okla. Stat. tit. 6, § 6-2124
This is the official text of Okla. Stat. tit. 6, § 6-2124, 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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Acts required of licensees - Deadline - Exception
Official statutory text
(a) A person licensed under, and in compliance with all
applicable requirements of, the Sale of Checks Act in effect
immediately prior to the effective date of this act shall have until
December 1, 1988, to:
1. Furnish the Commissioner with a corporate surety bond
complying with the requirements of Section 2108 of Title 6 of the
Oklahoma Statutes or, in lieu thereof, to deposit securities equal
to the amount of such bond complying with the requirements of
subsection (b) of Section 2109 of Title 6 of the Oklahoma Statutes;
and
2. File with the Commissioner the most current annual financial
statement of such licensee, which financial statement shall be in
compliance with the requirements of Section 2110 of Title 6 of the
Oklahoma Statutes.
(b) A person licensed under, and in compliance with all
applicable requirements of, the Sale of Checks Act in effect
immediately prior to the effective date of this act shall not be
required to comply with the provisions of subsection (b) of Section
2107 of Title 6 of the Oklahoma Statutes until the Commissioner has
issued license certificates for each location to said licensee for
the fiscal year commencing July 1, 1989; provided, the licensee must
timely satisfy all requirements for the issuance of a renewal
license and such license certificates.
applicable requirements of, the Sale of Checks Act in effect
immediately prior to the effective date of this act shall have until
December 1, 1988, to:
1. Furnish the Commissioner with a corporate surety bond
complying with the requirements of Section 2108 of Title 6 of the
Oklahoma Statutes or, in lieu thereof, to deposit securities equal
to the amount of such bond complying with the requirements of
subsection (b) of Section 2109 of Title 6 of the Oklahoma Statutes;
and
2. File with the Commissioner the most current annual financial
statement of such licensee, which financial statement shall be in
compliance with the requirements of Section 2110 of Title 6 of the
Oklahoma Statutes.
(b) A person licensed under, and in compliance with all
applicable requirements of, the Sale of Checks Act in effect
immediately prior to the effective date of this act shall not be
required to comply with the provisions of subsection (b) of Section
2107 of Title 6 of the Oklahoma Statutes until the Commissioner has
issued license certificates for each location to said licensee for
the fiscal year commencing July 1, 1989; provided, the licensee must
timely satisfy all requirements for the issuance of a renewal
license and such license certificates.
Status: in_force · Read it on the official government site
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