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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 15, § 15-141.12: Fine in lieu of suspension or revocation

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Where this section sits in the code
  1. OK Code
  2. Title 15

If the Insurance Commissioner finds that one or more grounds

exist for the discretionary revocation or suspension of a

certificate of authority issued under the Service Warranty Act, the

Commissioner may, in lieu of such suspension or revocation, impose a

fine upon the insurer or service warranty association in an amount

not to exceed One Thousand Dollars ($1,000.00) per violation;

however, if it is found that an insurer or service warranty

association has knowingly and willfully violated a lawful rule or

order of the Commissioner or any provision of the Service Warranty

Act, the Commissioner may impose a fine upon the insurer or

association in an amount not to exceed Ten Thousand Dollars

($10,000.00) for each violation.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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