Okla. Stat. tit. 36, § 36-2926: Nonassessable policies

A. If a reciprocal insurer has a surplus of assets over all

liabilities at least equal to the minimum capital stock generally

required of a domestic stock insurer authorized to transact like

kinds of insurance, upon application of the attorney and as approved

by the subscribers' advisory committee the Insurance Commissioner

shall issue his certificate authorizing the insurer to extinguish

the contingent liability of subscribers under its policies then in

force in this state, and to omit provisions imposing contingent

liability in all policies delivered or issued for delivery in this

state for so long as all such surplus remains unimpaired.

B. Upon impairment of such surplus, the Insurance Commissioner

shall forthwith revoke the certificate. Such revocation shall not

render subject to contingent liability any policy then in force and

for the remainder of the period for which the premium has

theretofore been paid; but after such revocation no policy shall be

issued or renewed without providing for contingent assessment

liability of the subscriber.

C. No insured member or subscriber of a domestic reciprocal

insurer shall be liable for assessments on policies issued by such

insurer. No policies shall be issued or renewed by a domestic

reciprocal insurer which contain provisions for contingent or

assessment liability of an insured, member or subscriber. Except,

that if required by the laws of another state in which the insurer

is transacting insurance as an authorized insurer, the insurer may

issue policies providing for the contingent liability of such of its

subscribers as may require such policies in such state, and need not

extinguish the contingent liability applicable to policies

theretofore in force in such state.