{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-6470.15","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-6470.15","heading":"Investment requirements – Loans","body":"A. An association captive insurance company, a sponsored\n\ncaptive insurance company, and a risk retention group shall comply\n\nwith the investment requirements contained in the Oklahoma Insurance\n\nCode. The Insurance Commissioner may approve the use of alternative\n\ninvestment requirements upon application by such captive insurance\n\ncompany.\n\nB. Except as to unimpaired paid-in capital as provided in\n\nparagraph 7 of subsection A of Section 6470.6 of this title, a pure\n\ncaptive insurance company, a special purpose captive insurance\n\ncompany, a branch captive insurance company, a series captive\n\ninsurance company, and an industrial insured captive insurance\n\ncompany are not subject to any restrictions on allowable investments\n\ncontained in the Oklahoma Insurance Code; however, the Insurance\n\nCommissioner may prohibit or limit an investment that threatens the\n\nsolvency or liquidity of the company.\n\nC. Loans of minimum capital and surplus funds required by\n\nSection 6470.6 of this title are prohibited.\n\nD. Subject to subsections A and B of this section and Section\n\n6470.31 of this title, as applicable, a captive insurance company\n\nmay own securities of or other interests in another captive\n\ninsurance company, whether voting or nonvoting.","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":"e34a787987cff8fb29efbf7cc8efaa90442c637c3ab0fbe4c7c2ec11c86f1520","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-6470.14","next":"us-ok/okla.-stat.-tit.-36-36-6470.16"},"notice":"GroundRules: Original legal text. Not legal advice."}
