Okla. Stat. tit. 36, § 36-2509: Consolidation of companies; transfer or reinsurance of

risks.

No stipulated premium insurance company or association organized

under this article shall consolidate with another company or

transfer or reinsure its risks with any other corporation, company

or association or assume or reinstate the whole or any part of the

risks of any other company or association, except with the approval

of the Insurance Commissioner, and a majority of the stockholders

present and voting at a regular or special meeting duly called.