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§ 1111. Acceptance of surplus line business by brokers

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 11. Unauthorized Insurers
36 Okl.St.Ann. § 1111
§ 1111. Acceptance of surplus line business by brokers
A surplus lines licensee or broker may accept and place surplus lines insurance from any insurance agent or broker licensed in this state for the kind of insurance involved, and may compensate such agent or broker therefor. The insurance agent or broker shall have the right to receive from the surplus lines insurer the customary commission.

Credits

Laws 1957, p. 258, § 1111, operative July 1, 1957; Laws 2011, c. 278, § 16; Laws 2011, c. 360, § 16; Laws 2012, c. 45, § 13, emerg. eff. April 16, 2012.
36 Okl. St. Ann. § 1111, OK ST T. 36 § 1111
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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