Okla. Stat. tit. 36, § 36-6470.15: Investment requirements – Loans

A. An association captive insurance company, a sponsored

captive insurance company, and a risk retention group shall comply

with the investment requirements contained in the Oklahoma Insurance

Code. The Insurance Commissioner may approve the use of alternative

investment requirements upon application by such captive insurance

company.

B. Except as to unimpaired paid-in capital as provided in

paragraph 7 of subsection A of Section 6470.6 of this title, a pure

captive insurance company, a special purpose captive insurance

company, a branch captive insurance company, a series captive

insurance company, and an industrial insured captive insurance

company are not subject to any restrictions on allowable investments

contained in the Oklahoma Insurance Code; however, the Insurance

Commissioner may prohibit or limit an investment that threatens the

solvency or liquidity of the company.

C. Loans of minimum capital and surplus funds required by

Section 6470.6 of this title are prohibited.

D. Subject to subsections A and B of this section and Section

6470.31 of this title, as applicable, a captive insurance company

may own securities of or other interests in another captive

insurance company, whether voting or nonvoting.