Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 5. Oklahoma Abstractors Board |
Chapter 11. Administration of Abstractors Act |
Subchapter 11. Temporary Certificate of Authority |
SECTION 5:11-11-7. Voluntary agreements
Latest version.
- In order to avoid the expense and time involved in formal administrative or legal proceedings, the certificate of authority holder may enter into voluntary agreements that provide for the management and rehabilitation of the abstract plant provided that such agreement fully safeguards the public interest, subject to the approval of the Board. The Board reserves the right in all cases to withhold the privilege of disposition by voluntary agreement.