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

Okla. Stat. tit. 59, § 59-1317: Insurers to give notice of appointment of bondsmen or

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Where this section sits in the code
  1. OK Code
  2. Title 59

managing general agent - Filing fee - Termination of appointment -

Affidavit - Authority of bondsmen.

A. Every insurer who appoints a surety bondsman or managing

general agent in the state shall give notice thereof to the

Insurance Commissioner. The filing fee for appointment of each

surety bondsman or managing general agent shall be Ten Dollars

($10.00), payable to the Commissioner and shall be submitted with

the appointment. The appointment shall remain in effect until the

insurer submits a notice of cancellation to the Commissioner, the

license of the bail bondsman expires, or the Commissioner cancels

the appointment. The Commissioner may cancel a bail surety

appointment if the license of the bondsman is suspended, revoked or

nonrenewed. If there is a change in any information submitted by

the insurer on the appointment form, the insurer shall submit an

amended appointment form and a filing fee of Ten Dollars ($10.00)

payable to the Commissioner.

B. An insurer terminating the appointment of a surety bondsman

or managing general agent immediately shall file written notice

thereof with the Commissioner, together with a statement that it has

given or mailed notice to the surety bondsman or managing general

agent. The notice filed with the Commissioner shall state the

reasons, if any, for the termination.

C. Prior to issuance of a new appointment for a surety bondsman

or managing general agent, the bondsman or agent shall file an

affidavit with the Commissioner stating that no forfeitures are owed

to any court, no fines or fees are owed to the Insurance Department,

and no premiums or indemnification for forfeitures or fines are owed

to any insurer, insureds, or others received in the conduct of

business under the license. If any statement made on the affidavit

is found by the Commissioner to be false, the Commissioner may deny

the new appointment, apply the sanctions set forth in Section 1310

of this title or both. This provision shall not require that all

outstanding liabilities have been exonerated, but may provide that

the liabilities are still being monitored by the bondsman or agent.

D. Every bail bondsman who negotiates and posts a bond shall,

in any controversy between the defendant, indemnitor, or guarantor

and the bail bondsman or insurer, be regarded as representing the

insurer. This provision shall not affect the apparent authority of

a bail bondsman as an agent for the insurer.

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

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