Okla. Stat. tit. 15, § 15-141.15: Examinations of service warranty associations

A. Service warranty associations licensed pursuant to the

Service Warranty Act are subject to periodic examination by the

Insurance Commissioner, in the same manner and subject to the same

terms and conditions that apply to insurers.

B. The Commissioner is not required to examine an association

that has less than Twenty Thousand Dollars ($20,000.00) in gross

written provider fees as reflected in its most recent annual

financial statement. The Commissioner may examine such an

association if the Commissioner has reason to believe that the

association may be in violation of the Service Warranty Act or is

otherwise in an unsound financial condition. If the Commissioner

examines such an association, the examination fee shall not exceed

five percent (5%) of the gross written provider fees of the

association.