Okla. Stat. tit. 18, § 18-482: Permission to do business - Statements - Deposit

Every company, before transacting any business in the State of

Oklahoma, under Section 481 et seq. of this title, shall deposit

with the Insurance Commissioner of the state a copy of its charter

or articles of incorporation and a statement signed and sworn to by

its president and secretary, showing the assets and liabilities. If

said Insurance Commissioner shall be satisfied that such company has

authority under its charter to do the business provided for in this

article, and that it has a paid-up capital of not less than Five

Hundred Thousand Dollars ($500,000.00) in cash or its equivalent,

and is able tokeep and perform its contracts and has a good

reputation for the prompt and equitable settlement and adjustment of

liabilities accruing upon its undertakings, he shall grant authority

in writing to such company to do business in this state, but before

granting such authority the said corporations shall also be required

to comply with the requirements of Section 613 of Title 36 of the

Oklahoma Statutes, relating to insurers issuing policies of surety

insurance. Provided however, the deposit requirements of subsection

A of Section 613 of Title 36 of the Oklahoma Statutes shall not

apply to companies that solely write bonds that cover grain

warehouse storage.