Okla. Stat. tit. 36, § 36-1473: Agent license - Bond - Errors and omissions policy

A. No person shall act in the capacity of a managing general

agent with respect to risks located in this state for an insurer

unless such person is licensed as a producer pursuant to the

Oklahoma Producer Licensing Act.

B. No person shall act in the capacity of a managing general

agent, representing an insurer domiciled in this state with respect

to risks located outside this state, unless such person is licensed

as a producer pursuant to the Oklahoma Producer Licensing Act.

Provided, such license may be a nonresident license.

C. The Insurance Commissioner may require a bond in the amount

acceptable to the Commissioner for the protection of the insurer.

D. The Insurance Commissioner may require the managing general

agent to maintain an errors and omissions policy.