Home Table of Contents

§ 1913. Order of conservation or ancillary liquidation of foreign or alien insurers

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 19. Rehabilitation and Liquidation (Refs & Annos)
36 Okl.St.Ann. § 1913
§ 1913. Order of conservation or ancillary liquidation of foreign or alien insurers
Currentness
A. An order to conserve the assets of a foreign or alien insurer shall require the Insurance Commissioner forthwith to take possession of the property of the insurer within this state and to conserve it, subject to the further direction of the court.
B. An order to liquidate the assets in this state of a foreign insurer shall require the Insurance Commissioner forthwith to take possession of the property of the insurer within this state and to liquidate it subject to the orders of the court and with due regard to the rights and powers of the domiciliary receiver, as provided in this article.

Credits

Laws 1957, p. 296, § 1813, operative July 1, 1957. Renumbered from Title 36, § 1813 by Laws 1975, c. 316, § 12, emerg. eff. June 12, 1975.
36 Okl. St. Ann. § 1913, OK ST T. 36 § 1913
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.
End of Document