Okla. Stat. tit. 36, § 36-6071: Payment of commissions to officers or directors of life

insurance companies - Restrictions.

No life insurance company transacting business in this State

shall pay, or contract to pay, directly or indirectly, to its

president, vice president, secretary, treasurer, actuary, medical

director or other physician charged with the duty of examining risks

or applications for insurance or to any officer of the company other

than a designated agency officer directly responsible for the

production and maintenance of premium income, agent or solicitor,

any commission or other compensation contingent upon the writing or

procuring of any policy of insurance in such company, or procuring

an application therefor by any person whomsoever, or contingent upon

the payment of any renewal premium, or upon the assumption of any

life insurance risk by such company. This section shall not prevent

the payment or receipt of renewal or other deferred commissions to

or by any person solely because such person has ceased to hold a

license to act as an agent. Should any company violate any

provision of this article, it shall be the duty of the Insurance

Commissioner to revoke its certificate of authority to transact

business in this State.