Okla. Stat. tit. 36, § 36-2920: Subscribers' advisory committee
Where this section sits in the code
- OK Code
- Title 36
A. The advisory committee of a domestic reciprocal insurer
exercising the subscribers' rights shall be selected under such
rules as the subscribers adopt.
B. Not less than two-thirds (2/3) of such committee shall be
subscribers other than the attorney, or any person employed by,
representing, or having a financial interest in the attorney.
C. The committee shall:
1. Supervise the finances of the insurer;
2. Supervise the insurer's operations to such extent as to
assure conformity with the subscribers' agreement and power of
attorney;
3. Procure the audit of the accounts and records of the insurer
and of the attorney at the expense of the insurer;
4. Have such additional powers and functions as may be
conferred by the subscribers' agreement.
Collected 2026-09-14T18:32:36Z. Source file · JSON