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

Okla. Stat. tit. 36, § 36-2002: Purpose of act

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

A. The purpose of the Oklahoma Property and Casualty Insurance

Guaranty Association Act is to provide a mechanism for the payment

of covered claims under certain insurance policies, to avoid

excessive delay in payment, and to the extent provided in this act,

minimize financial loss to claimants or policyholders because of the

insolvency of an insurer, and to provide an association to assess

the cost of protection among insurers.

B. The Oklahoma Property and Casualty Insurance Guaranty

Association Act shall be construed to effect the purpose provided

for in subsection A of this section which shall constitute an aid

and guide to interpretation of the Oklahoma Property and Casualty

Insurance Guaranty Association Act.

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

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