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§ 3150.16. Violations--Actions Department may take

Oklahoma Statutes AnnotatedTitle 59. Professions and OccupationsEffective: November 1, 2019

Oklahoma Statutes Annotated
Title 59. Professions and Occupations (Refs & Annos)
Chapter 57-1. Oklahoma Small Lenders Act
Effective: November 1, 2019
59 Okl.St.Ann. § 3150.16
§ 3150.16. Violations--Actions Department may take
After notice and opportunity for a hearing, if the Administrator of the Department of Consumer Credit finds that a person has violated this act1 or any administrative rule promulgated pursuant thereto, the Administrator may take the following actions or any combination of such actions:
1. Order the person to cease and desist violating the act or any administrative rule promulgated pursuant thereto;
2. Require the refund of any fees collected by the person in violation of this act; or
3. Order the person to pay to the Department of Consumer Credit a civil penalty of not more than One Thousand Dollars ($1,000.00) for each transaction in violation of this act or for each day that a violation occurs or continues.

Credits

Laws 2019, c. 89, § 18, eff. Nov. 1, 2019.

Footnotes

Title 59, § 3150 et seq.
59 Okl. St. Ann. § 3150.16, OK ST T. 59 § 3150.16
Current with emergency effective legislation through Chapter 182 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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