{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-1618","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-1618","heading":"Obligations of receivers or trustees; investments not","body":"otherwise authorized; limitations.\n\nA. An insurer may invest in certificates, notes or other\n\nobligations issued by trustees or receivers of any institution\n\ncreated or existing under the laws of the United States or of any\n\nstate, district or territory thereof, which, or the assets of which,\n\nare being administered under the direction of any court having\n\njurisdiction, if such obligation in the opinion of the Insurance\n\nCommissioner is adequately secured as to principal and interest.\n\nB. An insurer may make loans or investments not otherwise\n\nqualifying or permitted under this article to an amount not\n\nexceeding in the aggregate ten percent (10%) of the insurer's\n\nassets, and not exceeding one percent (1%) of such assets as to any\n\none such loan or investment. But no such loan or investment shall\n\nbe represented by:\n\n1. Any item described in Section 1503 of this title, or any\n\nloan or investment otherwise specifically prohibited;\n\n2. Any loan or investment eligible under any other provision of\n\nthis article; or\n\n3. Any asset theretofore acquired or held by the insurer under\n\nany other category of loans or investments eligible under this\n\narticle.\n\nThe insurer shall keep a separate record of all loans and\n\ninvestments made under this subsection.","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":"7892f414d9ffc2a7e4bf021d9a039cf35d6b4e95b515af6d7a8088e7a2f40b51","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-1617","next":"us-ok/okla.-stat.-tit.-36-36-1619"},"notice":"GroundRules: Original legal text. Not legal advice."}