Oklahoma Administrative Code
Title 160 - Department of Consumer Credit
Chapter 60 - Precious Metal and Gem Dealers
Subchapter 3 - Licensing
Section 160:60-3-2 - Investigations for licensure

Universal Citation: OK Admin Code 160:60-3-2
Current through Vol. 42, No. 1, September 16, 2024

A thorough investigation shall be conducted of each applicant, and applicants shall provide such additional information as may be requested from the applicant for that purpose. The investigation shall include the verification of the location or locations proposed for the transactions of goods within Oklahoma. In addition, the Administrator may consult outside sources, including law enforcement agencies, and may require the applicant's consent to release such other relevant information as the Administrator may deem necessary to determine financial responsibility, experience and character of the applicant [59:1525(D)]. It shall be within the discretion of the Administrator to determine the fitness of an applicant, provided that such discretion is not arbitrary or capricious and is, or will be, applied uniformly to all similarly situated applicants.

Added at 16 Ok Reg 2178, eff 6-25-99; Amended at 23 Ok Reg 2952, eff 7-13-06

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