SECTION 160:70-11-8. Administrative enforcement


Latest version.
  • (a)   A violation of any requirement imposed under this subchapter may be deemed to be a demonstration of incompetency or untrustworthiness to engage in the business of making deferred deposit loans.
    (b)   The Administrator may exercise, for the purpose of enforcing compliance with any requirement imposed under this subchapter, any authorized action.
[Source: Added at 23 Ok Reg 2954, eff 7-13-06]