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§ 1806. Limitation on appointments

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 18. Supervision and Conservatorship of Insurers (Refs & Annos)
36 Okl.St.Ann. § 1806
§ 1806. Limitation on appointments
Currentness
A. The Insurance Commissioner is hereby prohibited from appointing as supervisor or conservator during any period of supervision or conservatorship:
1. Any current or former officer, director, or employee of the insurer; and
2. Any person who is related to the Commissioner within the third degree of consanguinity or affinity.
B. The Commissioner is hereby prohibited from appointing as attorney for the insurer during any period of supervision or conservatorship:
1. Any current or former officer, director, or employee of the insurer; and
2. Any person who is related to the Commissioner within the third degree of consanguinity or affinity.

Credits

Laws 1975, c. 316, § 6, emerg. eff. June 12, 1975; Laws 2000, c. 197, § 1, eff. Nov. 1, 2000.
36 Okl. St. Ann. § 1806, OK ST T. 36 § 1806
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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