Final answer:
The Oklahoma Real Estate Commission is the agency created in 1950 to administer and enforce the Oklahoma Real Estate License Code.
Step-by-step explanation:
The agency created in 1950 to administer and enforce the Oklahoma Real Estate License Code is the Oklahoma Real Estate Commission. This agency is responsible for the regulation and licensing of real estate professionals in the state of Oklahoma. It was established by the state legislature to ensure that individuals practicing real estate in Oklahoma meet the necessary qualifications and adhere to the laws and regulations outlined in the Oklahoma Real Estate License Code.