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§ 999.4. Subsidence coverage for residences, living units and commercial buildings--Exemption

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 9c. Oklahoma Subsidence Insurance Act
36 Okl.St.Ann. § 999.4
§ 999.4. Subsidence coverage for residences, living units and commercial buildings--Exemption
Currentness
A. Beginning January 1, 2006, every insurer, as defined by Section 3 of this act,1 may offer mine subsidence coverage, upon the request by the policyholder, on policies, as defined by Section 3 of this act, issued or renewed, insuring residences, living units and commercial buildings.
B. The Insurance Commissioner may exempt policies insuring residences, living units or commercial buildings located in any specified county of this state from the provisions of this section if the Commissioner determines that such coverage is not necessary for a specified county.

Credits

Laws 2005, c. 118, § 4, eff. Jan. 1, 2006.

Footnotes

1
Title 36, § 999.3.
36 Okl. St. Ann. § 999.4, OK ST T. 36 § 999.4
Current with emergency effective legislation through Chapter 125 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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