{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-1919","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-1919","heading":"Priority of certain claims","body":"A. In a delinquency proceeding against an insurer domiciled in\n\nthis state, claims owning to residents of ancillary states shall be\n\npreferred claims if like claims are preferred under the laws of this\n\nstate. All such claims owing to residents or nonresidents shall be\n\ngiven equal priority of payment from general assets regardless of\n\nwhere such assets are located.\n\nB. In a delinquency proceeding against an insurer domiciled in\n\na reciprocal state, claims owing to residents of this state shall be\n\npreferred if like claims are preferred by the laws of that state.\n\nC. The owners of special deposit claims against an insurer for\n\nwhich a receiver is appointed in this or any other state shall be\n\ngiven priority against their several special deposits in accordance\n\nwith the provisions of the statutes governing the creation and\n\nmaintenance of such deposits. If there is a deficiency in any such\n\ndeposit so that the claims secured thereby are not fully discharged\n\ntherefrom, the claimants may share in the general assets, but such\n\nsharing shall be deferred until general creditors, and also\n\nclaimants against other special deposits who have received smaller\n\npercentages from their respective special deposits, have been paid\n\npercentages of their claims equal to the percentage paid from the\n\nspecial deposit.\n\nD. The owner of a secured claim against an insurer for which a\n\nreceiver has been appointed in this or any other state may surrender\n\nhis security and file his claim as a general creditor, or the claim\n\nmay be discharged by resort to the security, in which case the\n\ndeficiency, if any, shall be treated as a claim against the general\n\nassets of the insurer on the same basis as claims of unsecured\n\ncreditors. If the amount of the deficiency has been adjudicated in\n\nancillary proceedings as provided in this article or if it has been\n\nadjudicated by a court of competent jurisdiction in proceedings in\n\nwhich the domiciliary receiver has had notice and opportunity to be\n\nheard, such amounts shall be conclusive; otherwise the amount shall\n\nbe determined in the delinquency proceeding in the domiciliary\n\nstate.","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":"b5f54dcc443ef9f19d3afcd7d755254f8353cb9fe0828580400174ce38e62547","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-1918","next":"us-ok/okla.-stat.-tit.-36-36-1920"},"notice":"GroundRules: Original legal text. Not legal advice."}