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

Okla. Stat. tit. 36, § 36-1707: Release of deposits

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

Any deposit made in this state under the Insurance Code shall be

released and returned:

1. To the insurer upon extinguishment by reinsurance or

otherwise of substantially all liability of the insurer for the

security of which the deposit is held upon proper request by the

insurer and after financial review of the insurer proving generally

acceptable financial conditions;

2. To the insurer to the extent such deposit is in excess of

the amount required upon proper request by the insurer and after

financial review of the insurer proving generally acceptable

financial conditions; or

3. Upon proper order of a court of competent jurisdiction to

the receiver, conservator, rehabilitator or liquidator of the

insurer, or to any other properly designated official or officials

who succeed to the management and control of the insurer's assets.

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

Browse this collection