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

Okla. Stat. tit. 36, § 36-1702: Purpose of deposits

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

Such deposits shall be held as follows:

1. When the deposit is required for authority to transact

insurance in Oklahoma the deposit shall be held for the protection

of all the insurer's policyholders and/or creditors within the

United States.

2. When the deposit is required pursuant to the laws of another

state, province, or country, the deposit shall be held for such

purposes as is required by such laws, and as specified by the

Insurance Commissioner at the time the deposit is made.

3. When the deposit is required pursuant to the retaliatory

provision, Section 630 of Article 6 (Authorization of Insurers and

General Requirements Article), the deposit shall be held for

purposes as specified in the Insurance Commissioner's order

requiring the deposit.

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

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