Okla. Stat. tit. 36, § 36-1911: Order of liquidation of domestic insurers

A. An order to liquidate the business of a domestic insurer

shall direct the Insurance Commissioner forthwith to take possession

of the property of the insurer, to liquidate its business, to deal

with the insurer's property and business in his own name as

Insurance Commissioner or in the name of the insurer, as the court

may direct, and to give notice to all creditors who may have claims

against the insurer to present such claims.

B. The Insurance Commissioner may apply for and secure an order

dissolving the corporate existence of a domestic insurer upon his

application for an order of liquidation of such insurer or at any

time after such order has been granted.