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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 47, § 47-7-623: Temporary Insurance Premium Pool

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Where this section sits in the code
  1. OK Code
  2. Title 47

A. There is hereby created the Temporary Insurance Premium

Pool. Funds shall be deposited into the Temporary Insurance Premium

Pool pursuant to subparagraph b of paragraph 1 of subsection A of

Section 7-606 of Title 47 of the Oklahoma Statutes.

B. Any interest or earning accrued to the Plan Administrator

accounts associated with the Oklahoma Temporary Motorist Liability

Plan shall be deposited into the Temporary Insurance Premium Pool.

C. At the end of any state fiscal year, if the Temporary

Insurance Premium Pool reserves exceed that year's three-month

average total statewide premium, then the excess funds shall be

distributed to the Department of Public Safety's operations fund.

D. The Temporary Insurance Premium Pool is subject to audit by

the State Auditor and Inspector.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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