{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-1450","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-1450","heading":"Licensing procedure - Violations","body":"\n\nA. No person shall act as or present himself or herself to be\n\nan administrator, as defined by the provisions of the Third-party\n\nAdministrator Act, in this state, unless the person holds a valid\n\nlicense as an administrator which is issued by the Insurance\n\nCommissioner.\n\nB. An administrator shall not be eligible for a nonresident\n\nadministrator license under this section if the administrator does\n\nnot hold a home state certificate of authority or license in a state\n\nthat has adopted the Third-party Administrator Act or that applies\n\nsubstantially similar provisions as are contained in the Third-party\n\nAdministrator Act to that administrator. If the Third-party\n\nAdministrator Act in the administrator's home state does not extend\n\nto stop-loss insurance, but if the home state otherwise applies\n\nsubstantially similar provisions as are contained in the Third-party\n\nAdministrator Act to that administrator, then that omission shall\n\nnot operate to disqualify the administrator from receiving a\n\nnonresident administrator license in this state.\n\n1. \"Home state\" means the United States jurisdiction that has\n\nadopted the Third-party Administrator Act or a substantially similar\n\nlaw governing third-party administrators and which has been\n\ndesignated by the administrator as its principal regulator. The\n\nadministrator may designate either its state of incorporation or its\n\nprincipal place of business within the United States if that\n\njurisdiction has adopted the Third-party Administrator Act or a\n\nsubstantially similar law governing third-party administrators. If\n\nneither the administrator's state of incorporation nor its principal\n\nplace of business within the United States has adopted the Third-\n\nparty Administrator Act or a substantially similar law governing\n\nthird-party administrators, then the third-party administrator shall\n\ndesignate a United States jurisdiction in which it does business and\n\nwhich has adopted the Third-party Administrator Act or a\n\nsubstantially similar law governing third-party administrators. For\n\npurposes of this paragraph, \"United States jurisdiction\" means the\n\nDistrict of Columbia or a state or territory of the United States.\n\n2. \"Nonresident administrator\" means a person who is applying\n\nfor licensure or is licensed in any state other than the\n\nadministrator's home state.\n\nC. In the case of a partnership which has been licensed, each\n\ngeneral partner shall be licensed and shall qualify therefore as\n\nthough an individual licensee. The Commissioner shall charge a full\n\nadditional license fee and a separate license shall be issued for\n\neach individual so named in the license. The partnership shall\n\nnotify the Commissioner within thirty (30) days if any individual\n\nlicensed on its behalf has been terminated, or is no longer\n\nassociated with or employed by the partnership. Any person making\n\napplication as an administrator or currently licensed as an\n\nadministrator under the Third-party Administrator Act shall provide\n\na National Association of Insurance Commissioners (NAIC)\n\nBiographical Affidavit.\n\nD. An application for an administrator's license shall be in a\n\nform prescribed by the Commissioner and shall be accompanied by a\n\nfee of One Hundred Dollars ($100.00). The application shall be\n\nfiled and the fee shall be paid electronically in a form and manner\n\nprescribed by the Commissioner. This fee shall not be refundable if\n\nthe application is denied or refused for any reason by either the\n\napplicant or the Commissioner.\n\nE. The administrator's license shall continue in force no\n\nlonger than twelve (12) months from the original month of issuance.\n\nUpon filing a renewal form prescribed by the Commissioner,\n\naccompanied by a fee of One Hundred Dollars ($100.00), the license\n\nmay be renewed annually for a one-year term. The renewal shall be\n\nfiled, and the fee shall be paid electronically in a form and manner\nsioner.\n\nE. The administrator's license shall continue in force no\n\nlonger than twelve (12) months from the original month of issuance.\n\nUpon filing a renewal form prescribed by the Commissioner,\n\naccompanied by a fee of One Hundred Dollars ($100.00), the license\n\nmay be renewed annually for a one-year term. The renewal shall be\n\nfiled, and the fee shall be paid electronically in a form and manner\n\nprescribed by the Commissioner. A license that expires for failure\n\nto submit a renewal application may be reinstated within ninety (90)\n\ndays after the expiration date by electronically submitting a fee in\n\nan amount of Two Hundred Dollars ($200.00) in a form and manner\n\nprescribed by the Commissioner and any other transaction or other\n\nfee deemed necessary by the Commissioner. All applications received\n\nafter the license has expired for more than ninety (90) days shall\n\ninclude a detailed report of administrator services provided in this\n\nstate during the period of expired licensure. The administrator\n\nshall submit, together with the application for renewal, a list of\n\nthe names and addresses of the persons with whom the administrator\n\nhas contracted in accordance with Section 1443 of this title. The\n\nCommissioner shall hold this information confidential except as\n\nprovided in Section 1443 of this title.\n\nF. 1. The administrator's license may be issued or renewed by\n\nthe Commissioner unless, after notice and opportunity for hearing,\n\nthe Commissioner determines that the administrator is not competent,\n\ntrustworthy, or financially responsible, or has had any insurance\n\nlicense denied for cause by any state, has been convicted or has\n\npleaded guilty or nolo contendere to any felony or to a misdemeanor\n\ninvolving moral turpitude or dishonesty.\n\n2. The administrator shall report to the Insurance Commissioner\n\nany administrative or criminal action taken against the\n\nadministrator in another jurisdiction or by another governmental\n\nagency in this state within thirty (30) calendar days of the final\n\ndisposition of the matter. This report shall include a copy of the\n\norder, consent to order, copy of any payment required as a result of\n\nthe administrative or criminal action, or other relevant legal\n\ndocuments.\n\n3. Any entity making application to the Insurance Department as\n\na third-party administrator (TPA) or within thirty (30) days of a\n\nchange for a licensed TPA shall provide current National Association\n\nof Insurance Commissioners (NAIC) Biographical Affidavits on behalf\n\nof all officers, directors and key managerial personnel of the TPA,\n\nand individuals with a ten percent (10%) or more beneficial\n\nownership in the TPA and the TPA's ultimate controlling person\n\n(affiant) as required for insurers pursuant to the laws of this\n\nstate.\n\nG. After notice and opportunity for hearing, and upon\n\ndetermining that the administrator has violated any of the\n\nprovisions of the Oklahoma Insurance Code or upon finding reasons\n\nfor which the issuance or renewal of such license could have been\n\ndenied, the Commissioner may deny, refuse to renew, suspend or\n\nrevoke an administrator's license or assess a civil penalty not more\n\nthan Five Thousand Dollars ($5,000.00) for each occurrence, or any\n\ncombination thereof. The payment of the penalty may be enforced in\n\nthe same manner as civil judgments may be enforced.\n\nH. Any person who is acting as or presenting himself or herself\n\nto be an administrator without a valid license shall be subject,\n\nupon conviction, to a fine not less than One Thousand Dollars\n\n($1,000.00) nor more than Ten Thousand Dollars ($10,000.00) for each\n\noccurrence. This fine shall be in addition to any other penalties\n\nwhich may be imposed for violations of the Oklahoma Insurance Code\n\nor other laws of this state.\n\nI. Except as provided for in subsections F and G of this\n\nsection, any person convicted of violating any provisions of the\na fine not less than One Thousand Dollars\n\n($1,000.00) nor more than Ten Thousand Dollars ($10,000.00) for each\n\noccurrence. This fine shall be in addition to any other penalties\n\nwhich may be imposed for violations of the Oklahoma Insurance Code\n\nor other laws of this state.\n\nI. Except as provided for in subsections F and G of this\n\nsection, any person convicted of violating any provisions of the\n\nThird-party Administrator Act shall be guilty of a misdemeanor and\n\nshall be subject to a fine not more than One Thousand Dollars\n\n($1,000.00).\n\nJ. Each administrator shall electronically submit, in a form\n\nand manner prescribed by the Commissioner, any change of legal\n\nbusiness name, \"doing business as\" or assumed name, address, service\n\nagent contact information, or contact email address, and any\n\nnecessary fees within thirty (30) days after the change occurred.\n\nAny submission of a change under this subsection that is received\n\nmore than thirty (30) days after the change occurred shall be\n\naccompanied by a fee of Fifty Dollars ($50.00).\n\nK. Upon receipt of any inquiry from the Insurance Commissioner,\n\na licensed administrator shall furnish the Commissioner with an\n\nadequate response to the inquiry within twenty (20) days from\n\nreceipt of the inquiry.","path":["OK Code","Title 36"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os36.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"f60e9f93746a572a7f8b512b2979640d9946998c783dc462ea5c475646316ddc","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-1449","next":"us-ok/okla.-stat.-tit.-36-36-1452"},"notice":"GroundRules: Original legal text. Not legal advice."}