{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-2010","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-2010","heading":"Payment of covered claims - Recovery from certain persons","body":"- Priority of claims.\n\nA. Any person recovering under the Oklahoma Property and\n\nCasualty Insurance Guaranty Association Act shall be deemed to have\n\nassigned the rights of the person under the policy to the Oklahoma\n\nProperty and Casualty Insurance Guaranty Association to the extent\n\nof the recovery of the person from the Association. Every insurer\n\nor claimant seeking the protection of this act shall cooperate with\n\nthe Association to the same extent as the person would have been\n\nrequired to cooperate with the insolvent insurer. In the case of an\n\ninsolvent insurer operating on a plan with assessment liability,\n\npayment of covered claims by the Association shall not operate to\n\nreduce the liability of insureds to the receiver, liquidator or\n\nstatutory successor for unpaid assessments.\n\nB. The Association shall have the right to recover from any\n\nperson who is an affiliate of the insolvent insurer all amounts paid\n\nby the Association on behalf of that person pursuant to the\n\nprovisions of the Oklahoma Property and Casualty Insurance Guaranty\n\nAssociation Act, whether for indemnity, defense or otherwise.\n\nC. The receiver, liquidator or statutory successor of an\n\ninsolvent insurer shall be bound by settlements of covered claims by\n\nthe Association or a similar organization in another state. The\n\nAssociation shall have a priority over general creditors of the\n\ninsolvent insurer against the assets of the insolvent insurer equal\n\nto the amount of covered claims paid by the Association pursuant to\n\nthe Oklahoma Property and Casualty Insurance Guaranty Association\n\nAct. No other priority under the provisions of this section unless\n\nthe laws of such other state grant a similar priority to the\n\nAssociation, in which case such other association or similar\n\norganization of another state shall have a priority against the\n\nassets of the insolvent insurer equal to that given to the\n\nAssociation by such other state.\n\nD. The Association shall periodically file with the receiver or\n\nliquidator of the insolvent insurer statements of the covered claims\n\npaid by the Association and estimates of anticipated claims on the\n\nAssociation which shall preserve the rights of the Association\n\nagainst the assets of the insolvent insurer.","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":"f76a1efd4dfb767f9f9929ed26e76cd25de49305c089b1077d2e2574336cc632","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-2009","next":"us-ok/okla.-stat.-tit.-36-36-2011"},"notice":"GroundRules: Original legal text. Not legal advice."}