Oklahoma Administrative Code
Title 160 - Department of Consumer Credit
Chapter 75 - Consumer Litigation Funding
Subchapter 7 - Complaints and Investigations
Section 160:75-7-1 - Complaints
Current through Vol. 42, No. 1, September 16, 2024
(a) Content and format. A complaint submitted to the Department regarding a consumer litigation funding transaction shall be in writing and shall contain the following information:
(b) Private controversy. Action shall not be taken regarding a complaint if the complaint involves a matter of private controversy and does not adversely affect the public interest.
(c) Submission of information. By submitting a complaint, the complainant agrees that the Department may submit any information provided by the complainant to the entity, foreign business entity or individual that is the subject of the complaint.
(d) Purpose of the complaint process. The purpose of the complaint process is to facilitate the exchange of information between a complainant and a licensee. The complaint process is also utilized to determine if any violations of law affecting the public interest are at issue.
(e) Time. A licensee shall provide a written response to the Department within thirty (30) days of the submission of a complaint from the Department. The response from a licensee shall include any documentation requested by the Department that is relevant to a complaint. A licensee may request in writing an extension of time in which to submit a response to a complaint.