Reinsurance on risks ceded by another insurer – Credit

36 O.S. § 6470.16 — under Title 36 — Insurance.

36 O.S. § 6470.16

for reserves. A captive insurance company may cede or assume reinsurance and take credit for reserves, as authorized for domestic insurers by the Oklahoma Insurance Code. Added by Laws 2004, c. 334, § 23, emerg. eff. May 25, 2004. Amended by Laws 2013, c. 41, § 14, eff. Nov. 1, 2013; Laws 2015, c. 298, § 20, eff. Nov. 1, 2015.