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

Okla. Stat. tit. 36, § 36-3309: Penalties

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

Any insurer failing, without just cause, to timely file the ORSA

Summary Report as required in this act shall be required, after

notice and hearing, to pay a penalty of One Thousand Dollars

($1,000.00) for each day's delay, to be recovered by the Insurance

Commissioner. The maximum penalty under this section is Twenty-five

Thousand Dollars ($25,000.00). The Insurance Commissioner may

reduce the penalty if the insurer demonstrates to the Insurance

Commissioner that the imposition of the penalty would constitute a

financial hardship to the insurer.

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

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