Okla. Stat. tit. 85A, § 85A-102: Pooled liabilities - Distribution of surplus

A. The Workers' Compensation Commission shall adopt rules

permitting two or more employers, not otherwise subject to the

provisions of Section 150 of this act, to pool together liabilities

under this act for the purpose of qualifying as a group self-insurer

and each such employer shall be classified as a self-insurer.

B. The Commission shall approve the distribution of all

undistributed policyholders' surplus of a Workers' Compensation

Self-Insurance Program if the Program complies with the following

criteria:

1. Has been in business for at least five (5) years;

2. Has its financial statements audited by a public accounting

firm which audits at least one corporate client which has assets in

excess of One Billion Dollars ($1,000,000,000.00) and on which the

accounting firm has issued an unqualified opinion as to the fair

presentation of the financial position of the Program showing

adequate solvency and reserves; and

3. Is in compliance with the provisions of this act and all

other regulations as required by the Commission.

C. A group self-insurer created pursuant to this section either

prior to or after the effective date of this act shall not be

subject to the provisions of the Oklahoma Uniform Securities Act of

2004.