SECTION 160:5-1-2. Fees

  Fees charged by the Department are as follows:

(1)   Supervised Lenders

(A)   $290.00 annual license fee.

(B)   $425.00 investigation fee.

(C)   A late fee of $10.00 per day for thirty (30) days shall be assessed for each license that is not renewed by December 1.

(D)   $500.00 examination fee that is payable at the time of license application or license renewal.

(E)   $25.00 fee for a duplicate or amended license

(F)   $25.00 fee for a returned check

(G)   A $50.00 late fee shall be assessed for any annual report received after May 1.

(H)   All fees are non-refundable unless the Code or these rules require otherwise.

(2)   Notification filings

(A)   $120.00 annual filing fee for each business location.

(B)   A late fee of $10.00 per day shall be assessed for each filing that is not received by January 31.

(C)   All fees are non-refundable unless the Code or these rules require otherwise.

(3)   Pawnbrokers

(A)   $240.00 annual license fee.

(B)   $325.00 investigation fee.

(C)   $400.00 examination fee that is payable at the time of license application or license renewal.

(D)   $25.00 amended or duplicate license fee.

(E)   $25.00 returned check fee.

(F)   A late fee of $10.00 per day for thirty (30) days shall be assessed for each license renewal that is not received by December 1.

(G)   All fees are non-refundable unless the Act or rules require otherwise.

(4)   Rental purchase lessors

(A)   $200.00 annual license fee.

(B)   $200.00 investigation fee.

(C)   $400.00 examination fee that is payable at the time of license application or license renewal.

(D)   $100.00 per contract reviewal fee for each rental purchase agreement that is submitted to the Administrator for review and approval.

(E)   $25.00 amended or duplicate license fee.

(F)   $25.00 returned check fee.

(G)   All fees are non-refundable unless the Act or rules require otherwise.

(5)   Health Spas

(A)   $300.00 annual registration fee.

(B)   $200.00 investigation fee.

(C)   $100.00 per contract reviewal fee for each health spa contract that is submitted to the Administrator for review and approval.

(D)   A late fee of $10.00 per day for thirty (30) days shall be assessed for each registration renewal that is not received by December 1.

(E)   $25.00 amended or duplicate registration fee.

(F)   $25.00 returned check fee.

(G)   All fees are non-refundable unless the Act or rules require or indicate otherwise.

(6)   Credit Services Organizations

(A)   $200.00 annual license fee.

(B)   $300.00 investigation fee.

(C)   $25.00 amended or duplicate license fee.

(D)   $400.00 examination fee that is payable at the time of license application or license renewal.

(E)   $25.00 returned check fee.

(F)   A late fee of $10.00 per day for thirty (30) days shall be assessed for each license renewal that is not received by December 1.

(G)   All fees are non-refundable unless the Act or these rules require or indicate otherwise.

(7)   Precious Metals and Gem Dealers

(A)   $300.00 annual license fee for precious metal and gem dealers, $200 annual license fee for precious metal and gem dealer employees.

(B)   $425.00 investigation fee for precious metal dealers.

(C)   A late fee of $10.00 per day for thirty (30) days shall be assessed for each precious metal and gem dealer and employee license renewal that is not received by December 1.

(D)   $25.00 amended or duplicate license fee for precious metal and gem dealers and employees.

(E)   $25.00 return check fee for precious metal and gem dealers and employees.

(F)   All fees are non-refundable unless the Act or these rules require or indicate otherwise.

(8)   Mortgage Brokers and Mortgage Loan Originators

(A)   $950.00 mortgage broker application fee.

(B)   $200.00 mortgage loan originator application fee.

(C)   $200.00 annual license fee for mortgage brokers and mortgage loan originators.

(D)   A late fee of $10.00 per day for thirty (30) days shall be assessed for each mortgage broker or mortgage loan originator license renewal that is not received by December 1.

(E)   $150.00 mortgage broker branch office annual license fee.

(F)   $150.00 inactive status fee for a mortgage broker license, mortgage broker branch office license or mortgage loan originator license.

(G)   $25.00 fee for each mortgage broker, mortgage broker branch or mortgage loan originator license change, duplicate license or returned check [59:2095.7(M)(5)]

(H)   Each mortgage broker, mortgage broker branch office and mortgage loan originator shall pay a $10.00 fee for each initial application and each license renewal to be deposited into the Oklahoma Mortgage Broker and Mortgage Loan Originator Recovery Fund.

(I)   Mortgage brokers and mortgage broker branch offices shall pay a $500.00 examination fee that is payable at the time of license application or license renewal.

(J)   Mortgage loan originators shall pay a $50.00 examination fee that is payable at the time of license application and license renewal.

(K)   All fees are non-refundable unless the Act or these rules require otherwise.

(9)   Deferred Deposit Lenders

(A)   $350.00 annual license fee for each licensed location.

(B)   $700.00 investigation fee for each license.

(C)   $500.00 examination fee that is payable at the time of license application or license renewal.

(D)   A late fee of $10.00 per day for thirty (30) days shall be assessed for each license renewal that is not received by December 1.

(E)   A late fee of $50.00 shall be assessed for any annual report received after May 1.

(F)   $25.00 fee for each license change, duplicate license or returned check.

(G)   All fees are non-refundable unless the Act or these rules require otherwise.

(10)   Other

(A)   $0.25 fee per page for copies [51:24A.5(3)]

(B)   $1.00 fee per copied page for a certified copy [51:24A.5(3)]

(C)   Reasonable search fee of the hourly rate of lowest paid employee capable of performing search when records are requested solely for commercial purpose or the request would clearly cause excessive disruption of the Department's essential functions [51:24A.5(3)].

[Source: Added at 11 Ok Reg 283, eff 10-27-93 (emergency); Added at 11 Ok Reg 4425, eff 8-11-94; Amended at 16 Ok Reg 2134, eff 6-25-99; Amended at 17 Ok Reg 1527, eff 5-25-00; Amended at 18 Ok Reg 2353, eff 6-25-01; Amended at 20 Ok Reg 2749, eff 7-1-03 (emergency); Amended at 20 Ok Reg 2850, eff 9-1-03 (emergency); Amended at 21 Ok Reg 2671, eff 7-12-04; Amended at 22 Ok Reg 7, eff 8-11-04 (emergency); Amended at 22 Ok Reg 2341, eff 7-11-05; Amended at 27 Ok Reg 1741, eff 7-1-10; Amended at 28 Ok Reg 63, eff 8-19-10 (emergency); Amended at 28 Ok Reg 1117, eff 7-1-11]