Oklahoma Code § 59-1528

Title 59. Professions And Occupations: Denial, suspension or revocation of license - Hearing
Open in Lexace · Ask the AI about this section
A.  The Administrator shall appoint an independent hearing
examiner to conduct all administrative hearings involving alleged
violations of the Precious Metal and Gem Dealer Licensing Act.  The
independent hearing examiner shall have authority to exercise all
powers granted by Article II of the Administrative Procedures Act in

conducting hearings.  The independent hearing examiner shall have
authority to recommend penalties authorized by the Precious Metal
and Gem Dealer Licensing Act and issue proposed orders, with
proposed findings of fact and proposed conclusions of law, to the
Administrator pursuant to Article II of the Administrative
Procedures Act.  The Administrator shall review the proposed order
and issue a final agency order in accordance with Article II of the
Administrative Procedures Act.  Any person aggrieved by a final
agency order of the Administrator may obtain judicial review in
accordance with the Oklahoma Administrative Procedures Act.  The
jurisdiction and venue of any such action shall be in the district
court of Oklahoma County.
The costs of the hearing examiner may be assessed against the
respondent, unless the respondent is the prevailing party.
B.  The Administrator may, after notice and hearing, deny,
decline to renew a license, suspend or revoke any license , order a
cease and desist order, impose an administrative fine in an amount
not to exceed Five Thousand Dollars ($5,000.00) or impose a
combination of such penalties if it is found that:
1.  The applicant has been convicted of a felony or crime
involving fraud, theft, receiving or possession of stolen property
in the five (5) years preceding the submission of the application;
2.  The licensee has failed to pay any fee or charge properly
imposed by the Administrator under the authority of the Precious
Metal and Gem Dealer Licensing Act;
3.  The licensee or any entity or individual subject to the
Precious Metal and Gem Dealer Licensing Act has violated any
provision of the Precious Metal and Gem Dealer Licensing Act or any
rule promulgated or order made pursuant to and within the authority
of the Precious Metal and Gem Dealer Licensing Act; or
4.  Any fact or condition exists which, if it had existed or had
been known to exist at the time of the original application for a
license, clearly would have justified the Administrator in refusing
the license.
C.  Any licensee may surrender any license by delivering it to
the Administrator with written notice of its surrender.  Such
surrender shall not affect the administrative penalty or criminal
liability of the licensee for acts committed prior to the surrender
of the license.
D.  No revocation, suspension or surrender of any license shall
impair or affect the obligation of any preexisting lawful contract
between the licensee and any customer.
E.  The Commission on Consumer Credit shall prescribe by rule an
inspection fee, fee for each license change, duplicate license, or
returned check.  The inspection fee shall be the same amount as the
examination fee for pawnbrokers and shall be payable at the time of
license application or license renewal.

F.  Any entity or individual offering to engage or engaged as a
precious metal and gem dealer in this state without a license shall
be subject to an administrative fine in an amount not to exceed Five
Thousand Dollars ($5,000.00).
G.  The Administrator may impose an administrative fine as
prescribed in subsections B and F of this section, after notice and
hearing in accordance with Article II of the Administrative
Procedures Act.
H.  Any administrative order or settlement agreement imposing an
administrative fine pursuant to this section may be enforced in the
same manner as civil judgments in this state.  The Administrator may
file an application to enforce an administrative order or settlement
agreement in the district court of Oklahoma County.

‹ Prev All Oklahoma sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.