1. A. A license issued pursuant to the provisions of Section 70-21-103 of this title shall expire on June 30 following the date of issue. Said license may be renewed annually with the renewal application due not less than sixty (60) days prior to expiration, if the Board determines that such school remains in compliance with the standards or other requirements set by the Board. The license of any regionally or nationally accredited school within this state may be revoked if such school is found to be in violation of the Oklahoma Statutes.
2. B. A license of a school shall not be effective unless the private school has filed with the Board a corporate surety bond or a certificate of deposit in such a manner and in such amount as is required by the Board.

3. C. Private schools shall pay the following base fee per license issued by the Board:

   1. 1. A fee of Seven Hundred Fifty Dollars ($750.00) shall be paid to the Board for the issuance of a license pursuant to the provisions of Section 70-21-103 of this title, and a fee of Three Hundred Seventy-five Dollars ($375.00) shall be paid to the Board for each renewal of a license;
   2. 2. During the first licensing period of a school, a fee of Two Hundred Dollars ($200.00) shall be paid to the Board for the issuance of each solicitor's permit pursuant to the provisions of Section 70-21-104 of this title. For the second and consecutive licensing periods of the school a fee of One Hundred Dollars ($100.00) shall be paid to the Board for the issuance of each permit and a fee of One Hundred Dollars ($100.00) shall be paid to the Board for each renewal of a permit. In addition to the fees required by this section, each private school shall pay an additional fee of Two Hundred Fifty Dollars ($250.00) for each in-state branch and a fee of Two Hundred Fifty Dollars ($250.00) for each out-of-state branch. Each branch which is not located in the same state as its main school or which does not offer substantially the same curriculum as is offered at the main school shall be considered to be a separate private school; and

   3. 3. A fee of Fifteen Dollars ($15.00) shall be paid to the Board for the approval of a new catalog or changing to an approved catalog. A fee of Twenty-five Dollars ($25.00) shall be paid to the Board whenever a private school or branch school changes location.

      Upon application for a license or renewal of a license, each private school shall designate a main school location.

      Beginning July 1, 1984, all fees, penalties and fines collected by the Board pursuant to the provisions of this section and Section 70-21-103 of this title shall be deposited with the State Treasurer for credit to the General Revenue Fund of the state.

4. D. If the annual renewal fee is not paid on or before the first day of July, such fee shall become delinquent and the license shall not be renewed except upon payment of a delinquent annual renewal fee. The delinquent annual renewal fee may be assessed in an amount and manner prescribed by the Board, not to exceed Five Hundred Dollars ($500.00).

Laws 1970, c. 65, § 6, operative July 1, 1970; Laws 1971, c. 281, § 24-123, eff. July 2, 1971; Laws 1972, c. 60, § 1; Laws 1974, c. 306, § 2, emerg. eff. May 29, 1974; Laws 1975, c. 213, § 1, emerg. eff. May 27, 1975; Laws 1976, c. 86, § 4, emerg. eff. May 4, 1976; Laws 1978, c. 217, § 2, emerg. eff. April 21, 1978; Laws 1982, c. 303, § 8, operative July 1, 1982; Laws 1983, c. 280, § 8, operative July 1, 1983; Laws 1984, c. 289, § 7, operative July 1, 1984; Laws 1986, c. 17, § 1, eff. November 1, 1986; Laws 1989, c. 97, § 3, operative July 1, 1989; Laws 1991, c. 270, § 20, eff. July 1, 1991; Laws 1992, c. 278, § 7, eff. July 1, 1992; Amended by Laws 1999, c. 398. § 4, eff. June 10, 1999 (superseded document available).