GroundRules
← Search the law
Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 36, § 36-1109: Validity of surplus line insurance - Notice of

Read at publisher ↗
Where this section sits in the code
  1. OK Code
  2. Title 36

limitations of coverage.

A. Insurance contracts procured as surplus line coverage from

surplus lines insurers in accordance with this article shall be

fully valid and enforceable as to all parties, and shall be given

recognition in all matters and respects to the same effect as like

contracts issued by admitted insurers.

B. Insurance contracts procured as surplus line coverage shall

contain in bold-face type notification stamped by the surplus lines

licensee or broker or surplus lines insurer on the declaration page

of the policy that the contracts are not subject to the protection

of any guaranty association in the event of liquidation or

receivership of the surplus lines insurer. The Commissioner is

hereby authorized to promulgate rules to establish further

disclosure requirements for the purpose of protecting consumers of

surplus line coverage.

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

Browse this collection