Okla. Stat. tit. 36, § 36-2120: Nonassessable policies - revocation of authority

A. The Insurance Commissioner shall revoke the authority of a

domestic mutual insurer to issue policies if at any time the

insurer's assets are less than the sum of its liabilities and the

surplus required for such authority, or if the insurer, by

resolution of its board of directors approved by a majority of its

members, requests that the authority be revoked.

B. Policyholders, members or subscribers of a mutual insurer

shall at no time be liable for assessment on policies by such

insurer. Henceforth, no policies shall be issued or renewed by a

domestic mutual insurer which contain provisions for assessment or

contingent liability of an insured, member or subscriber.