Okla. Stat. tit. 18, § 18-484: Quarterly reports - Revocation of authority - Inquiry into
Where this section sits in the code
- OK Code
- Title 18
solvency - Additional security.
Every such corporation shall, in the months of January, April,
July and October of each year, file with the Insurance Commissioner
of the state a statement signed and sworn to by its president and
secretary, showing its assets and liabilities as required by Section
1345. And the Insurance Commissioner shall have the power, and it
shall be his duty, to revoke the authority of any such company to
transact any business under this article whenever, in his judgment,
said company is not solvent, or is conducting its business in
violation of this article. He may institute inquiry, at any time,
into the solvency of such company, and may require that additional
security be given, at any time, upon any obligation to the state
when he deems such company no longer sufficient security.
Collected 2026-09-14T18:32:36Z. Source file · JSON