Okla. Stat. tit. 36, § 36-660.13: Foreign mutual insurance company — Reorganization

requirements.

A. On the approval of the Oklahoma Insurance Commissioner, a

foreign mutual insurance company may reorganize in compliance with

the requirements of any law or regulation applicable to the foreign

mutual insurance company by:

1. Transferring its members' membership interests into a mutual

holding company formed under a procedure analogous to that described

by this act; and

2. Continuing the corporate existence of the reorganizing

foreign mutual insurance company as a foreign stock insurance

company subsidiary of the mutual holding company.

B. The reorganizing foreign mutual insurance company may remain

a foreign company and may be admitted to do business in this state.

A foreign mutual insurance company may also redomesticate in this

state by complying with the applicable requirements of Section 606.1

of Title 36 of the Oklahoma Statutes.