Okla. Stat. tit. 36, § 36-1704: Trust companies as depositaries
Where this section sits in the code
- OK Code
- Title 36
A. Upon request of the insurer, the Insurance Commissioner may
designate any solvent trust company or other solvent financial
institution having trust powers domiciled in this State as the
Commissioner's depositary to receive and hold any such deposit. Any
such deposit so held shall be at the expense of the insurer.
B. The State of Oklahoma shall be responsible for the
safekeeping and return of all funds and securities deposited
pursuant to this Code with the Commissioner or in any depositary so
designated by the Commissioner.
Collected 2026-09-14T18:32:36Z. Source file · JSON