{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-901.1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-901.1","heading":"Purposes of act","body":"A. The purposes of this act are:\n\n1. To promote the public welfare by regulating insurance rates\n\nto the end that they shall not be excessive, inadequate or unfairly\n\ndiscriminatory;\n\n2. To improve availability, fairness and reliability of\n\ninsurance and insurance rates;\n\n3. To authorize essential cooperative action among insurers in\n\nthe ratemaking process and to regulate such activity to prevent\n\npractices that tend to substantially lessen competition or to create\n\na monopoly;\n\n4. To encourage the most efficient and economic marketing\n\npractices; and\n\n5. To encourage the providing of price and other information to\n\nenable consumers to purchase insurance suitable for their needs and\n\nto foster competitive insurance markets.\n\nB. This act shall be liberally construed to effectuate its\n\npurposes.","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":"19e3e9793f848b02d6f4b6bf993dd3c209636a83006773c03cc2c3270cb11ee7","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-900.1","next":"us-ok/okla.-stat.-tit.-36-36-901.2"},"notice":"GroundRules: Original legal text. Not legal advice."}