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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 5. Oklahoma Abstractors Board |
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Chapter 11. Administration of Abstractors Act |
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Subchapter 5. Regulation of Licensees, Certificate Holders, and Permit Holders |
SECTION 5:11-5-1. Inspections
Latest version.
- (a) A certificate or permit holder shall make the premises and records utilized within the performance of activities regulated by the Act available for an inspection. Inspections shall be conducted at the direction of the Board for purposes of determining compliance with the Act.(b) Failure to provide access as required for the inspection in a timely manner shall constitute an offense subject to fine, suspension, revocation, or such other sanction as may be available to the Board.(c) Certificate holders shall maintain a copy of the certificate page and if the legal description is not included on the certificate page, a copy of the caption page of each abstract, final title report, evidence of research, and billing information for five (5) years from the date of issuance.(d) The premises and records of each certificate and permit holder shall be inspected at least once every three (3) years.