§ 1615. Preferred or guaranteed stock
Oklahoma Statutes AnnotatedTitle 36. Insurance
36 Okl.St.Ann. § 1615
§ 1615. Preferred or guaranteed stock
An insurer may invest in preferred or guaranteed stocks or shares of any solvent institution created or existing under the laws of the United States or of any state, district or territory thereof, if such stock and all of the prior obligations and prior preferred stocks, if any, of such institution at the date of acquisition by such insurer are not then in default.
Credits
Laws 1957, p. 288, § 1615, operative July 1, 1957; Laws 1965, c. 123, § 13.
36 Okl. St. Ann. § 1615, OK ST T. 36 § 1615
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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