Okla. Stat. tit. 36, § 36-1913: Order of conservation or ancillary liquidation of foreign
Where this section sits in the code
- OK Code
- Title 36
or alien insurers.
A. An order to conserve the assets of a foreign or alien
insurer shall require the Insurance Commissioner forthwith to take
possession of the property of the insurer within this state and to
conserve it, subject to the further direction of the court.
B. An order to liquidate the assets in this state of a foreign
insurer shall require the Insurance Commissioner forthwith to take
possession of the property of the insurer within this state and to
liquidate it subject to the orders of the court and with due regard
to the rights and powers of the domiciliary receiver, as provided in
this article.
Collected 2026-09-14T18:32:36Z. Source file · JSON