§ 3005. Assets required as condition precedent
Oklahoma Statutes AnnotatedTitle 36. Insurance
36 Okl.St.Ann. § 3005
§ 3005. Assets required as condition precedent
No attorney shall be licensed for the underwriters at a Lloyd's under this Code unless the net assets, including the guaranty fund contributed to the attorney, a committee of underwriters, trustees, or other officers as provided for in the articles of agreement, shall be at least Two Hundred Thousand Dollars ($200,000.00) in cash, or other admitted assets.
Credits
Laws 1957, p. 361, § 3005, operative July 1, 1957.
36 Okl. St. Ann. § 3005, OK ST T. 36 § 3005
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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