§ 6463. Assets to protect purchasers
Oklahoma Statutes AnnotatedTitle 36. Insurance
36 Okl.St.Ann. § 6463
§ 6463. Assets to protect purchasers
The State Insurance Commissioner shall require all risk insurance groups to have appropriate reserves in Oklahoma, other assets, or a corporate surety bond to protect purchasers in case of bankruptcy, withholding of unearned premiums, or failure to pay benefits.
Credits
Laws 1987, c. 157, § 13, emerg. eff. June 25, 1987.
36 Okl. St. Ann. § 6463, OK ST T. 36 § 6463
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.
| End of Document |