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§ 3103. Revocation or suspension of certificate of authority

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 31. Motor Service Clubs
36 Okl.St.Ann. § 3103
§ 3103. Revocation or suspension of certificate of authority
Currentness
The Commissioner may, at any time, for good cause shown and after notice and a public hearing, suspend, revoke or refuse to renew any company's certificate of authority, if he finds that any one or more of the following causes or circumstances exist:
1. Any violation of, or noncompliance with, any provision of this act;
2. Obtaining, or attempting to obtain, any certificate of authority through misrepresentation or fraud;
3. Fraudulent or dishonest practices;
4. Oral or written misrepresentation of the terms, benefits or privileges of any service contract issued, or to be issued, by it or any other company;
5. Insolvency;
6. Willful solicitation of membership from an individual who is or has been a member of another motor service club by giving said person credit for his years of membership with the other motor service club;
7. Waiving the enrollment fee or otherwise reducing the usual fees and charges for a new member when soliciting membership from an individual who is or has been a member of another motor service club; or
8. Inability for any reason to qualify for the issuance of a certificate of authority as a motor service club.

Credits

Laws 1973, c. 127, § 3, emerg. eff. May 9, 1973.
36 Okl. St. Ann. § 3103, OK ST T. 36 § 3103
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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