{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-2907","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-2907","heading":"Surplus funds required","body":"A. A domestic reciprocal insurer hereunder formed, if it has\n\notherwise complied with the provisions of this Code, may be\n\nauthorized to transact insurance if it deposits and maintains on\n\ndeposit with the State Treasurer, through the office of the\n\nInsurance Commissioner, surplus funds as follows:\n\n1. To transact property insurance, surplus funds of not less\n\nthan One Hundred Thousand Dollars ($100,000.00).\n\n2. To transact vehicle insurance, surplus funds of not less\n\nthan One Hundred Fifty Thousand Dollars ($150,000.00).\n\nB. A domestic reciprocal insurer may be authorized to transact\n\nadditional kinds of insurance if it has otherwise complied with the\n\nprovisions of this Code therefor and possesses and so maintains on\n\ndeposit surplus funds in amount equal to the minimum capital\n\nrequired of a stock insurer for authority to transact a like\n\ncombination of kinds of insurance.","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":"205e2876b6ae34b1fd9f3fe2a9ddb4d0c27a7ab49c44a276db9e2952e3426c36","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-2906","next":"us-ok/okla.-stat.-tit.-36-36-2908"},"notice":"GroundRules: Original legal text. Not legal advice."}