reglab/housing_qa huggingface dataset:
59 OK Stat § 59-2069 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2069. Criminal violations.

|It is a misdemeanor for any person to: |1. Sell, fraudulently obtain or furnish any perfusion license or record, or aid or abet therein;2. Practice perfusion under cover of any perfusion diploma, license, or record illegally or fraudulently obtained or issued;3. Practice perfusion unless duly licensed to do so pursuant to the provisions of the Oklahoma Licensed Perfusionists Act;4. Impersonate in any manner or pretend to be a perfusionist or use the title "licensed perfusionist", the letters "L.P." or other words, letters, signs, symbols, or devices to indicate the person using them is a licensed perfusionist unless duly authorized by a license to perform under the provisions of the Oklahoma Licensed Perfusionists Act;5. Practice perfusion during the time a license is suspended, revoked, or expired or not renewed;6. Fail to notify the Board of the suspension, probation, or revocation of any past or currently held permits, licenses, or certificates required to practice perfusion in this or any other jurisdiction;7. Knowingly employ unlicensed persons in the practice of perfusion in the capacity of a perfusionist;8. Make false representations or impersonate or act as a proxy for another person or allow or aid any person or impersonate the person in connection with any examination or application for licensure or request to be examined or licensed; or9. Otherwise violate any provision of the Oklahoma Licensed Perfusionists Act.Added by Laws 1996, c. 226, § 19, eff. July 1, 1996.
59 OK Stat § 59-2070 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2070. Penalties for violation.

|A. 1. Any person who has been determined by the State Board of Examiners of Perfusionists to have violated any provision of the Oklahoma Licensed Perfusionists Act or any rule or order issued pursuant thereto may be liable for an administrative penalty of not more than Five Hundred Dollars ($500.00) for each day that said violation continues. The maximum administrative penalty shall not exceed Ten Thousand Dollars ($10,000.00) for any related series of violations that do not constitute immediate jeopardy to patients. Penalties of not more than One Thousand Dollars ($1,000.00) per day may be imposed for violations constituting immediate jeopardy to residents. |2. The amount of the penalty shall be assessed by the Board pursuant to the provisions of paragraph 1 of this subsection, after notice and hearing. In determining the amount of the penalty, the Board shall include but not be limited to consideration of the nature, circumstances, and gravity of the violation, the repetitive nature of the violation of the person, the previous degree of difficulty in obtaining compliance with the Oklahoma Licensed Perfusionists Act or the rules promulgated pursuant thereto and, with respect to the person found to have committed the violation, the degree of culpability, and substantial show of good faith in attempting to achieve compliance with the provisions of the Oklahoma Licensed Perfusionists Act.3. Any license holder may elect to surrender the license of such holder in lieu of said penalty but shall be forever barred from obtaining a reissuance of the license pursuant to the Oklahoma Licensed Perfusionists Act.B. Any person determined to be in violation of any provision of the Oklahoma Licensed Perfusionists Act, upon conviction thereof, shall be guilty of a misdemeanor and shall be punishable by a fine of not more than One Thousand Dollars ($1,000.00) or by imprisonment for not more than six (6) months, or by both such fine and imprisonment for each offense.Added by Laws 1996, c. 226, § 20, eff. July 1, 1996.
59 OK Stat § 59-2071 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2071. Fees.

|The maximum fees to be charged pursuant to the Oklahoma Licensed Perfusionists Act are as follows: |Application fee for licensure$100.00License to practice perfusion$300.00Provisional license to practice perfusion $300.00Renewal for unexpired license to practice perfusion$300.00Renewal for expired license to practice perfusion if made prior to ninety (90) days after expiration of license $400.00Renewal for expired license to practice perfusion if made between ninety (90) days and two (2) years after expiration of license $500.00Added by Laws 1996, c. 226, § 21, eff. July 1, 1996.
59 OK Stat § 59-2095 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095. Short title.

|Sections 3 through 29 of this act shall be known and may be cited as the "Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act". |Added by Laws 2009, c. 190, § 3, eff. July 1, 2009.
59 OK Stat § 59-2095.1 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.1. Legislative findings.

|The activities of mortgage brokers, mortgage lenders, and mortgage loan originators and the origination, offering, servicing or modification of financing for residential real property have a direct, valuable, and immediate impact upon Oklahoma's consumers, the Oklahoma economy, the neighborhoods and communities of Oklahoma, and the housing and real estate industry. Therefore, the Legislature finds that accessibility to mortgage credit is vital to the state's citizens. The Legislature also finds that it is essential for the protection of the citizens of Oklahoma and the stability of the Oklahoma economy that reasonable standards for licensing and regulation of the business practices of mortgage brokers, mortgage lenders, and mortgage loan originators be imposed. The Legislature further finds that the obligations of mortgage brokers, mortgage lenders, and mortgage loan originators to consumers in connection with originating or making, modifying or servicing residential mortgage loans are such as to warrant the regulation of the mortgage lending and servicing process. The purpose of the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act is to protect consumers seeking mortgage loans and to ensure that the mortgage lending and servicing industry is operating without unfair, deceptive, and fraudulent practices on the part of mortgage brokers, mortgage lenders, and mortgage loan originators. Therefore, the Legislature establishes within the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act: |1. An effective system of supervision and enforcement of the mortgage lending and servicing industry, including:a.the authority to issue licenses to conduct business under this act, including the authority to write rules or regulations or adopt procedures necessary to the licensing of entities or individuals covered pursuant to the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act,b.the authority to censure, deny, place on probation, suspend or revoke licenses issued pursuant to the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act, andc.the authority to examine, investigate, and conduct enforcement actions as necessary to carry out the intended purposes of the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act, including the authority to subpoena witnesses and documents, enter orders, including cease and desist orders, order restitution and monetary penalties, and order the removal and ban of individuals from office or employment; and2. Broad administrative authority for the Administrator of Consumer Credit to administer, interpret, and enforce the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act and promulgate rules, subject to approval of the Commission on Consumer Credit, in order to carry out the intentions of the Legislature.Added by Laws 2009, c. 190, § 4, eff. July 1, 2009. Amended by Laws 2015, c. 320, § 1, eff. Nov. 1, 2015.
59 OK Stat § 59-2095.3 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.3. Exemptions.

|The following are exempt from all provisions of the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act: |1. Registered mortgage loan originators, when acting for an entity described in divisions (1), (2) and (3) of subparagraph a of paragraph 18 of Section 2095.2 of this title;2. An individual who offers or negotiates or modifies terms of a residential mortgage loan with or on behalf of an immediate family member of the individual;3. An individual who offers or negotiates or modifies terms of a residential mortgage loan secured by a dwelling that served as the individual's residence;4. A licensed attorney who negotiates or modifies the terms of a residential mortgage loan on behalf of a client as an ancillary matter to the attorney's representation of the client, unless the attorney is compensated by a lender, a mortgage broker or other mortgage loan originator or by any agent of such lender, mortgage broker, or other mortgage loan originator;5. Entities described in divisions (1), (2) and (3) of subparagraph a of paragraph 18 of Section 2095.2 of this title; or6. Any entity that is an organization recognized by the Internal Revenue Service as a 501(c)(3) charitable entity that meets the conditions set forth in (B) through (F) of subparagraph (ii), paragraph (7), subsection (e) of Section 1008.103 of Title 12 of the Code of Federal Regulations.Added by Laws 2009, c. 190, § 6, eff. July 1, 2009. Amended by Laws 2010, c. 415, § 25, eff. July 1, 2010; Laws 2015, c. 320, § 2, eff. Nov. 1, 2015; Laws 2021, c. 151, § 1, eff. Nov. 1, 2021.
59 OK Stat § 59-2095.4 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.4. Unique identifier required on documents.

|The unique identifier of any licensed mortgage broker, mortgage lender or licensed mortgage loan originator shall be clearly shown on all residential mortgage loan application forms, solicitations or advertisements, including business cards or websites, and any other documents as established by rule. |Added by Laws 2009, c. 190, § 7, eff. July 1, 2009. Amended by Laws 2013, c. 98, § 2, eff. Nov. 1, 2013.
59 OK Stat § 59-2095.5 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.5. License and registration requirements - Independent contractors - Rules and procedures.

|A. 1. An entity or individual, unless specifically exempted from the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act, as provided in Section 2095.3 of this title, shall not engage in the business of a mortgage broker, mortgage lender or mortgage loan originator with respect to any dwelling located in this state without first obtaining and maintaining annually a license under the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act. Each licensed mortgage broker, mortgage lender and mortgage loan originator must register with and maintain a valid unique identifier issued by the Nationwide Mortgage Licensing System and Registry. |2. In order to facilitate an orderly transition to licensing and minimize disruption in the mortgage marketplace, the effective date for licensing all entities and individuals as provided in this subsection, including those currently licensed as mortgage brokers or mortgage loan originators, shall be July 31, 2010, or such later date approved by the Secretary of the U.S. Department of Housing and Urban Development, pursuant to the authority granted under 12 U.S.C., Section 5107.B. A loan processor or underwriter who is an independent contractor may not engage in the activities of a loan processor or underwriter unless such independent contractor loan processor or underwriter obtains and maintains a license as required by the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act. Each independent contractor loan processor or underwriter licensed as a mortgage broker or mortgage loan originator must have and maintain a valid unique identifier issued by the Nationwide Mortgage Licensing System and Registry.C. For the purposes of implementing an orderly and efficient licensing process, the Administrator of Consumer Credit may establish licensing rules, upon approval by the Commission, and the Administrator may establish interim procedures for licensing and acceptance of applications. For previously registered or licensed entities or individuals, the Administrator may establish expedited review and licensing procedures.Added by Laws 2009, c. 190, § 8, eff. July 1, 2009. Amended by Laws 2010, c. 415, § 26, eff. July 1, 2010; Laws 2013, c. 98, § 3, eff. Nov. 1, 2013.
59 OK Stat § 59-2095.8 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.8. Prelicense education requirements - Course approval.

|A. In order to meet the prelicensing education requirement referred to in Section 2095.7 of this title, an individual shall complete at least twenty (20) hours of education approved in accordance with subsection B of this section, which shall include at least: |1. Three (3) hours of federal law and regulations;2. Three (3) hours of ethics, which shall include instruction on fraud, consumer protection and fair lending issues;3. Two (2) hours of training related to lending standards for the nontraditional mortgage product marketplace; and4. One (1) hour of Oklahoma law and regulations.B. For purposes of subsection A of this section, prelicensing education courses shall be reviewed and approved by the Nationwide Mortgage Licensing System and Registry based upon reasonable standards. Review and approval of a prelicensing education course shall include review and approval of the course provider.C. Nothing in this section shall preclude any prelicensing education course as approved by the Nationwide Mortgage Licensing System and Registry that is provided by the employer of the applicant or an entity which is affiliated with the applicant by an agency contract or any subsidiary or affiliate of such employer or entity.D. Prelicensing education may be offered either in a classroom, online or by any other means approved by the Nationwide Mortgage Licensing System and Registry.E. The prelicensing education requirements approved by the Nationwide Mortgage Licensing System and Registry in paragraph 1 of subsection A and subsections B and C of this section for any state shall be accepted as credit towards completion of prelicensing education requirements in this state.F. An individual previously licensed pursuant to the Oklahoma Secure and Fair Enforcement for Mortgage Licensing Act, subsequent to July 1, 2009, and applying to be licensed again, must prove completion of all of the continuing education requirements for the year in which the license was last held.Added by Laws 2009, c. 190, § 11, eff. July 1, 2009. Amended by Laws 2015, c. 320, § 4, eff. Nov. 1, 2015.
59 OK Stat § 59-2095.9 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.9. Written test requirement.

|A. In order to meet the written test requirement referred to in Section 10 of this act, an individual shall pass, in accordance with standards established under this section, a qualified written test developed by the Nationwide Mortgage Licensing System and Registry and administered by a test provider approved by the Nationwide Mortgage Licensing System and Registry based upon reasonable standards. |B. A written test shall not be treated as a qualified written test for purposes of subsection A of this section unless the test adequately measures the applicant’s knowledge and comprehension in appropriate subject areas, including:1. Ethics;2. Federal law and regulations pertaining to mortgage origination;3. State law and regulation pertaining to mortgage origination; and4. Federal and state law and regulation, including instruction on fraud, consumer protection, the nontraditional mortgage marketplace and fair lending issues.C. Nothing in this section shall prohibit a test provider approved by the Nationwide Mortgage Licensing System and Registry from providing a test at the location of the employer of the applicant or the location of any subsidiary or affiliate of the employer of the applicant or the location of any entity with which the applicant holds an exclusive arrangement to conduct the business of a mortgage loan originator.D. 1. An individual shall not be considered to have passed a qualified written test unless the individual achieves a test score of not less than seventy-five percent (75%) correct answers to questions.2. An individual may retake a test three consecutive times with each consecutive taking occurring at least thirty (30) days after the preceding test.3. After failing three consecutive tests, an individual shall wait at least six (6) months before taking the test again.4. A licensed mortgage loan originator who fails to maintain an active and valid license for a period of five (5) years or longer shall retake the test, not taking into account any time during which such individual is a registered mortgage loan originator.Added by Laws 2009, c. 190, § 12, eff. July 1, 2009.
59 OK Stat § 59-2095.10 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.10. Minimum standards for mortgage loan originator license renewal.

|A. The minimum standards for license renewal for mortgage loan originators shall include the following: |1. The mortgage loan originator continues to meet the minimum standards for license issuance under Section 10 of this act;2. The mortgage loan originator has satisfied the annual continuing education requirements described in Section 24 of this act; and3. The mortgage loan originator has paid all required fees for renewal of the license.B. The license of a mortgage loan originator failing to satisfy the minimum standards for license renewal shall expire. The Administrator of Consumer Credit may adopt procedures in addition to the requirements of Section 9 of this act for the reinstatement of expired licenses consistent with the standards established by the Nationwide Mortgage Licensing System and Registry.Added by Laws 2009, c. 190, § 13, eff. July 1, 2009.
59 OK Stat § 59-2095.12 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.12. Minimum standards for mortgage broker license renewal.

|A. The minimum standards for license renewal for mortgage brokers shall include the following: |1. The mortgage broker continues to meet the minimum standards for license issuance under Section 14 of this act; and2. The mortgage broker has paid all required fees for renewal of the license.B. The license of a mortgage broker failing to satisfy the minimum standards for license renewal shall expire. The Administrator of Consumer Credit may adopt procedures in addition to the requirements of Section 9 of this act for the reinstatement of expired licenses consistent with the standards established by the Nationwide Mortgage Licensing System and Registry.Added by Laws 2009, c. 190, § 15, eff. July 1, 2009.
59 OK Stat § 59-2095.12.1 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.12.1. Minimum standards for license renewal of mortgage lenders.

|A. The minimum standards for license renewal for mortgage lenders shall include the following: |1. The mortgage lender continues to meet the minimum standards for license issuance under this act; and2. The mortgage lender has paid all required fees for renewal of the license.B. The license of a mortgage lender failing to satisfy the minimum standards for license renewal shall expire. The Administrator of Consumer Credit may adopt procedures for the reinstatement of expired licenses consistent with the standards established by the Nationwide Mortgage Licensing System and Registry.Added by Laws 2013, c. 98, § 7, eff. Nov. 1, 2013.
59 OK Stat § 59-2095.13 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.13. Participation in the Nationwide Mortgage Licensing System and Registry.

|In addition to any other duties imposed upon the Administrator of Consumer Credit by law, the Administrator shall require mortgage brokers, mortgage lenders and mortgage loan originators to be licensed and registered through the Nationwide Mortgage Licensing System and Registry. In order to carry out this requirement, the Administrator is authorized to participate in the Nationwide Mortgage Licensing System and Registry. For this purpose, the Administrator, upon approval of the Commission, may establish requirements by rule as necessary and consistent with this act, including but not limited to: |1. Background checks for:a.criminal history through fingerprint or other databases,b.civil or administrative records,c.credit history, ord.any other information as deemed necessary by the Nationwide Mortgage Licensing System and Registry;2. The payment of fees to apply for or renew licenses through the Nationwide Mortgage Licensing System and Registry;3. The setting or resetting as necessary of renewal or reporting dates; and4. Requirements for amending or surrendering a license or any other such activities as the Administrator deems necessary for participation in the Nationwide Mortgage Licensing System and Registry.Added by Laws 2009, c. 190, § 16, eff. July 1, 2009. Amended by Laws 2013, c. 98, § 8, eff. Nov. 1, 2013.
59 OK Stat § 59-2095.14 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.14. Rules for challenging information.

|The Administrator of Consumer Credit shall, upon approval by the Commission on Consumer Credit, establish by rule a process whereby mortgage brokers, mortgage lenders and mortgage loan originators may challenge information entered into the Nationwide Mortgage Licensing System and Registry by the Administrator. |Added by Laws 2009, c. 190, § 17, eff. July 1, 2009. Amended by Laws 2013, c. 98, § 9, eff. Nov. 1, 2013.
59 OK Stat § 59-2095.16 (2021)
2021 Oklahoma Statutes|Title 59. Professions and Occupations|§59-2095.16. Trust account.

|A. A mortgage broker or mortgage loan originator shall deposit, prior to the end of the next business day, all monies received from borrowers for third-party provider services in a trust account of a federally insured financial institution. The trust account shall be designated and maintained for the benefit of borrowers. Monies maintained in the trust account shall be exempt from execution, attachment, or garnishment. A mortgage broker or mortgage loan originator shall not in any way encumber the corpus of the trust account or commingle any other operating funds with trust account funds. |B. Withdrawals from the trust account shall be only for the payment of bona fide services rendered by a third-party provider or for refunds to borrowers. Any interest earned on the trust account shall be refunded or credited to the borrowers at closing. Any monies remaining in the trust account after payment to third-party providers shall be refunded to the borrower.C. The mortgage broker or mortgage loan originator shall pay third-party providers no later than thirty (30) days after completion of the third-party service.D. A mortgage broker or mortgage loan originator shall maintain accurate, current, and readily available records of the trust account until at least three (3) years have elapsed following the effective period to which the records relate. The records shall be subject to audit by the Administrator of Consumer Credit pursuant to an examination or investigation.E. The provisions of this section shall not apply to a depository institution as defined in Section 2095.2 of this title, its subsidiaries and affiliates or any employee or exclusive agent thereof.Added by Laws 2009, c. 190, § 19, eff. July 1, 2009. Amended by Laws 2010, c. 415, § 29, eff. July 1, 2010.