Okla. Stat. tit. 36, § 36-6220.1: Prohibition on pecuniary interest in construction

businesses - Penalties - Exceptions.

A. No adjuster may, directly or indirectly, own or have a

pecuniary interest in any business entity which provides

construction or reconstruction related services on behalf of an

insurance claimant or insured for which the adjuster is providing

services, nor may the adjuster, directly or indirectly, own or have

a pecuniary interest in any other business entity which furnishes

any supplies, material, services, or equipment purchased by or on

behalf of the claimant or insured in settlement of the claim, other

than usual and customary supplies, materials, services, or equipment

utilized in the adjusting process.

B. Any person who violates the provisions of this section shall

be subject to disciplinary action or a civil fine, or both, as set

forth in Section 6220 of this title.

C. This section shall not apply to an adjuster providing

services on a claim which is located in a municipality having a

population of less than six thousand (6,000) persons; provided,

however, the adjuster shall give written disclosure of the potential

conflict of interest to both the insured and insurer prior to the

performance of any adjuster services.

D. The restrictions set forth in subsection A of this section

shall apply regardless of whether the person or entity has obtained

power of attorney from an insurance claimant or has entered into any

other agreement with an insurance claimant to act on the behalf of

the claimant.