Section 7125 - Application for permit - Cancellation of or refusal to issue or renew permit - AppealA. Each organization desiring to accept money or anything of value for prepaid cemetery merchandise shall file an application for a permit with the Insurance Commissioner, and shall at the time of filing the application pay one initial filing fee of Two Hundred Dollars ($200.00). The Commissioner shall issue a permit upon the receipt of the application and payment of the filing fee, and upon making a finding that the applicant has complied with the rules as may be established pursuant to the Cemetery Merchandise Trust Act by the Commissioner. All applications shall be signed by the organization requesting the permit, and shall contain a statement that the applicant will comply with all the requirements as established pursuant to the Cemetery Merchandise Trust Act. All permits shall expire on March 15 of the year following the year the permit is first issued, unless renewed. Permits shall be renewed for a period not to exceed the succeeding March 15 upon the payment of a renewal fee of Two Hundred Dollars ($200.00). Late application for renewal of a permit shall require a fee of double the renewal fee. No application for renewal of a permit shall be accepted after April 15 of each year. Late applicants shall be required to reapply as if they were a new applicant, and pay an application fee equal to an amount that is double the renewal fee in addition to any fines that may have been imposed with respect to an expired permit.B. The Commissioner may cancel a permit or refuse to issue a permit or refuse to issue a renewal of a permit for failure to comply with any provisions of the Cemetery Merchandise Trust Act or any rules promulgated thereto by the Commissioner, after reasonable notice to the permittee and opportunity for hearing before the Commissioner in accordance with Article II of the Administrative Procedures Act.C. No organization shall be entitled to a new permit after cancellation, or refusal by the Commissioner to renew a permit, but shall thereafter be issued a new permit upon satisfactory proof of compliance with the Cemetery Merchandise Trust Act.D. Any person or organization aggrieved by the actions of the Commissioner may appeal therefrom to the Oklahoma Insurance Department as provided by the Administrative Procedures Act.Okla. Stat. tit. 36, § 7125
Amended by Laws 2013 , c. 269, s. 21, eff. 11/1/2013.Added by Laws 1989, SB 155, c. 297, § 21, eff. 11/1/1989; Amended by Laws 1995, HB 1951, c. 82, §7, eff. 11/1/1995; Amended by Laws 2000 , HB 2676, c. 205, §30, emerg. eff. 5/17/2000; Amended by Laws 2008 , HB 2575, c. 275, §9, emerg. eff. 7/1/2008; Amended by Laws 2010 , SB 2042, c. 58, §15, emerg. eff. 7/1/2010; Renumbered from 8 O.S. §305 by Laws 2010 , SB 2042, c. 58, §42, emerg. eff. 7/1/2010.