{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-1629","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-1629","heading":"Guaranteed or reinsured student loans","body":"Any insurer may make and invest in student loans guaranteed or\n\nreinsured as to principal and interest by a state or federally\n\nsponsored higher education assistance corporation, to the extent of\n\nsuch guaranty or reinsurance, or by a private nonprofit or for\n\nprofit student loan insurance guarantor or reinsurer which has net\n\nworth of not less than Thirty-five Million Dollars ($35,000,000.00)\n\nand which has a financial rating of BBB or better from Standard and\n\nPoor’s or Moody’s rating agencies. Any investment pursuant to this\n\nsection shall not exceed, except with the consent of the Insurance\n\nCommissioner of this state, twenty-five percent (25%) of the\n\ninsurer's net admitted assets based upon the insurer's most recent\n\nfinancial statement filed with the Insurance Commissioner's office.","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":"51e263b040725b8d7360b4997ddd1649e84b71d3fc0d5aaacd3d7dbd083a8317","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-1628","next":"us-ok/okla.-stat.-tit.-36-36-1631"},"notice":"GroundRules: Original legal text. Not legal advice."}