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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 85. State Banking Department |
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Chapter 15. Money Service Businesses |
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Subchapter 7. Examinations; Reports; Records |
SECTION 85:15-7-3. Reports
Latest version.
- (a) A licensee shall file with the Commissioner within 15 business days any material changes in information provided in a licensee's application as prescribed by the Commissioner.(b) A licensee shall file with the Commissioner within 30 days after the end of each calendar quarter a current list of all authorized delegates, and locations in this State where the licensee or an authorized delegate of the licensee provides money transmission. The Commissioner may prescribe the type of information and format by which the information shall be submitted for each location and authorized delegate.(c) A licensee shall file a report with the Commissioner within two business days after the licensee has reason to know of the occurrence any of the following events:(1) the filing of a petition by or against the licensee under the United States Bankruptcy Code for bankruptcy or reorganization;(2) the filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for its dissolution or reorganization, or the making of a general assignment for the benefit of its creditors;(3) the commencement of a proceeding to revoke or suspend its license in a State or country in which the licensee engages in business or is licensed;(4) the cancellation or other impairment of the licensee's bond or other security;(5) a charge or conviction of the licensee or of an executive officer, manager, director, or person in control, of the licensee for a felony; or(6) a charge or conviction of an authorized delegate for a felony.