Okla. Stat. tit. 36, § 36-6456: Membership in or participation in insurance insolvency

guaranty fund prohibited – Purchasing group coverage – Risks not

covered.

A. No risk retention group shall be permitted to join or

contribute financially to any insurance insolvency guaranty fund, or

similar mechanism, in this state, nor shall any risk retention

group, or its insureds or claimants against its insureds, receive

any benefit from any such fund for claims arising under the

insurance policies issued by a risk retention group.

B. When a purchasing group obtains insurance covering its

members' risks from an insurer not authorized in this state or a

risk retention group, no such risks, wherever resident is located,

shall be covered by any insurance guaranty fund or similar mechanism

in this state.

C. When a purchasing group obtains insurance covering its

members' risks from an authorized insurer, only risks resident or

located in this state may be covered by the Oklahoma Property and

Casualty Insurance Guaranty Association.