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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 36, § 36-1540: Failure to timely file

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Where this section sits in the code
  1. OK Code
  2. Title 36

Any insurer failing, without just cause, to timely file the

Corporate Governance Annual Disclosure (CGAD) as required in this

act shall be required, after notice and hearing, to pay a penalty of

One Hundred Dollars ($100.00) for each day's delay, to be recovered

by the Insurance Commissioner and the penalty so recovered shall be

paid into the General Revenue Fund of this state. The maximum

penalty under this section is Ten Thousand Dollars ($10,000.00).

The Commissioner may reduce the penalty if the insurer demonstrates

to the Commissioner that the imposition of the penalty would

constitute a financial hardship to the insurer.

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

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