Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 765. Oklahoma Used Motor Vehicle and Parts Commission |
Chapter 10. Used Motor Vehicle Dealers |
Subchapter 5. Assessment of Fine or Denial, Suspension, or Revocation of License |
SECTION 765:10-5-2. Prohibition
Latest version.
- A person whose license has been revoked or denied or whose license was surrendered in lieu of revocation or under circumstances such that said license could have been revoked, shall not have a financial interest of any kind in a used motor vehicle business, nor shall that person participate in any way, including in an advisory position, in the operation of a used motor vehicle business. The Commission may, in addition, revoke or suspend a used motor vehicle dealer's license for employing unlicensed persons as salesmen.