Okla. Stat. tit. 85A, § 85A-100: Self-insurance Guaranty Fund Board as party to

proceedings.

A. The Self-insurance Guaranty Fund Board shall be a party in

interest in all proceedings involving compensation claims against an

impaired self-insurer whose compensation claims have been paid or

assumed by the Commission and shall have all rights of subrogation

of the impaired self-insurer. In such proceedings, the Board may

assume and exercise all rights and defenses of the impaired self-

insurer, including, but not limited to, the right to:

1. Appear, defend and appeal claims;

2. Receive notice of, investigate, adjust, compromise, settle

and pay claims; and

3. Investigate, handle and contest claims.

B. The Board may:

1. Retain such persons as are necessary to handle claims and

perform other duties of the Board;

2. Sue or be sued;

3. Negotiate and become a party to such contracts as are

necessary to carry out the purposes of the Administrative Workers'

Compensation Act; and

4. Exercise any other powers necessary to perform its duties

under the Administrative Workers' Compensation Act as prescribed by

the Board.