Okla. Stat. tit. 36, § 6470.27

Standards ensuring exercise of control of risk management function of insured controlled unaffiliated business - Regulations. The Insurance Commissioner shall promulgate regulations establishing standards to ensure that a parent or affiliated company is able to exercise control of the risk management for any controlled unaffiliated business to be insured by a pure captive insurance company; however, until such time as these regulations are promulgated, the Insurance Commissioner may by temporary order grant authority to a pure captive insurance company to insure risks.