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§ 2103. Licenses--Requirement--Exceptions--Penalty

Oklahoma Statutes AnnotatedTitle 6. Banks and Trust Companies

Oklahoma Statutes Annotated
Title 6. Banks and Trust Companies (Refs & Annos)
Chapter 5. Sale of Checks Act
6 Okl.St.Ann. § 2103
§ 2103. Licenses--Requirement--Exceptions--Penalty
(a) No person shall engage in the business of selling or issuing checks as a service or for a fee or other consideration without first securing a license to do so from the Commissioner, except that no license under this act1 shall be required of any agent, subagent or representative of a licensee, or employee of such agent, subagent or representative who acts on behalf of such licensee in the sale or exchange of which the licensee is the issuer.
(b) Any person who violates this section shall be fined not less than Five Hundred Dollars ($500.00) or imprisoned in county jail for not more than one (1) year, or both. Each day such violation continues shall constitute a separate offense.

Credits

Laws 1961, p. 426, § 3; Laws 1988, c. 216, § 2, eff. Nov. 1, 1988.

Footnotes

Title 6, § 2101 et seq.
6 Okl. St. Ann. § 2103, OK ST T. 6 § 2103
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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