The State Insurance Commissioner shall require all risk insurance groups to have appropriate reserves in Oklahoma, other assets, or a corporate surety bond to protect purchasers in case of bankruptcy, withholding of unearned premiums, or failure to pay benefits. Added by Laws 1987, c. 157, § 13, emerg. eff. June 25, 1987.
Assets to protect purchasers
36 O.S. § 6463 — under Title 36 — Insurance.
36 O.S. § 6463