{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-3007","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-3007","heading":"Liability of underwriters; limitation","body":"An underwriter at a Lloyd's may limit his total liability on all\n\nrisks to the amount of his subscription as expressed in his power of\n\nattorney and agreement with the attorney-in-fact; provided at least\n\nhalf of the subscription of each underwriter must be paid or\n\ncontributed to the guaranty fund in cash or admissible securities.\n\nEach underwriter shall be responsible solely for his own liability\n\nas fixed in the contract of insurance and shall not be liable as a\n\npartner and in no event shall the liability of an underwriter exceed\n\nthe amount of his total underwriters agreement executed in favor of\n\nhis respective successor attorney or attorneys-in-fact.","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":"d0d29f50fe369b01d6a52c77216b7f4845a1c7a1fee6080696eb9c04216c0d8f","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-3006","next":"us-ok/okla.-stat.-tit.-36-36-3008"},"notice":"GroundRules: Original legal text. Not legal advice."}
