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§ 6460. Enforcement powers of Commissioner

Oklahoma Statutes AnnotatedTitle 36. InsuranceEffective: November 1, 2021

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 2. Miscellaneous Provisions
Oklahoma Risk Retention Act
Effective: November 1, 2021
36 Okl.St.Ann. § 6460
§ 6460. Enforcement powers of Commissioner
The Insurance Commissioner of this state is authorized to make use of any of the powers established pursuant to the Insurance Code1 of this state to enforce the laws of this state so long as those powers are not specifically preempted by the Risk Retention Act of 1986,2 as amended, including the administrative authority of the Commissioner to investigate, issue subpoenas, conduct depositions and hearings, issue orders, impose penalties and seek injunctive relief. Regarding any investigation, administrative proceedings or litigation, the Commissioner may rely on the procedural laws of this state. The injunctive authority of the Commissioner for risk retention groups is restricted by the requirement that any injunction be issued by a court of competent jurisdiction.

Credits

Laws 1987, c. 157, § 10, emerg. eff. June 25, 1987; Laws 1997, c. 418, § 117, eff. Nov. 1, 1997; Laws 2021, c. 314, § 11, eff. Nov. 1, 2021.

Footnotes

Title 36, § 101 et seq.
15 U.S.C.A. § 3901.
36 Okl. St. Ann. § 6460, OK ST T. 36 § 6460
Current with emergency effective legislation through Chapter 182 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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