A. Each year, every dealer, on or before each December 1, shall pay the Administrator of Consumer Credit a fee for each license held by the dealer as the annual fee for the succeeding calendar year. If not renewed, expiration shall occur on December 31 of the year in which the annual fee has been paid.
B. Each year, every employee, on or before December 1, shall pay the Administrator a fee for the license held by the employee as the annual fee for the succeeding calendar year. If not renewed, expiration shall occur on December 31 of the year in which the annual fee has been paid.
C. There shall be a fee for a late application for renewal of a license received after December 1, which will be placed in the Consumer Credit Administrative Expenses Revolving Fund created in Section 6-301 of Title 14A of the Oklahoma Statutes.
Added by Laws 1981, c. 213, § 6, operative July 1, 1981. Amended by Laws 2009, c. 431, § 6, eff. July 1, 2009; Laws 2010, c. 415, § 19, eff. July 1, 2010.
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