Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 85. State Banking Department |
Chapter 15. Money Service Businesses |
Subchapter 11. Enforcement |
SECTION 85:15-11-4. Consent orders
Latest version.
- The Commissioner may enter into a consent order at any time with a person to resolve a matter arising under the Act or a rule adopted or order issued under the Act. A consent order must be signed by the person to whom it is issued or by the person's authorized representative, and must indicate agreement with the terms contained in the order. A consent order may provide that it does not constitute an admission by a person that the Act or an order issued under the Act has been violated.