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Okla. Stat. tit. 36, § 1701

Deposits of insurers

Added by Laws 1957, p. 291, § 1701, operative July 1, 1957

The Insurance Commissioner of Oklahoma shall accept and hold in trust deposits of securities or funds by insurers as follows:

1. Deposits required for authority to transact insurance in Oklahoma;

2. Deposits of domestic, foreign, or alien insurers when made pursuant to the laws of other states, provinces, and countries as prerequisite for authority to transact insurance in such state, province, or country; and 3. Deposits in such additional amounts as are permitted to be made by Section 1706 of this title.

Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.