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0 chapters · 1,670 sections in this title.
36 O.S. § 607 General qualifications to transact insurance
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A. To qualify for and hold authority to transact insurance in Oklahoma an insurer must be otherwise in compliance with the provisions of the Oklahoma Insurance Code and with its charter powers, and must be an incorporated stock insurer, an incorporated mutual insurer, a mutual be…
36 O.S. § 607.1 Certain entities considered insurers - Audited financial
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reports - Actuarial opinions. A. An entity organized pursuant to the Interlocal Cooperation Act (an "Interlocal Entity") for the purpose of transacting insurance that insures an Oklahoma educational institution shall be considered an insurer for all kinds of insurance that the en…
36 O.S. § 6071 Payment of commissions to officers or directors of life
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insurance companies - Restrictions. No life insurance company transacting business in this State shall pay, or contract to pay, directly or indirectly, to its president, vice president, secretary, treasurer, actuary, medical director or other physician charged with the duty of ex…
36 O.S. § 608 Workers' compensation insurance
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A. A casualty insurer shall not be authorized to transact workers' compensation insurance in this state without first complying with the applicable provisions of Title 85A of the Oklahoma Statutes. B. A claims adjuster for any insurer duly authorized to transact workers' compensa…
36 O.S. § 608.2 Assigned risk plan for employers unable to procure
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coverage in the voluntary market. A. The Insurance Commissioner shall develop and administer an assigned risk plan to provide workers' compensation insurance coverage to employers who are unable to procure coverage in the voluntary market. In addition to the requirements of subse…
36 O.S. § 609 Kinds of insurance an insurer may transact
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An insurer which otherwise qualifies therefor may be authorized to transact any one kind or combination of kinds of insurance as defined in Section 701 et seq. of this title, except: 1. A life insurer shall not be authorized to transact any other kind of insurance except accident…
36 O.S. § 6091 Settlement of claims as no admission of liability
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No settlement made under a motor vehicle liability insurance policy of a claim against any insured thereunder arising from any accident or other event insured against shall be construed as an admission of liability by the insured, or the insurer's recognition of such liability, w…
36 O.S. § 6092 Limitations on subrogation and set-off under medical
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coverage. No provision in an automobile liability policy or endorsement for such coverage effective in this state issued by an insurer on and after the effective date of this act which grants the insurer the right of subrogation for payment of benefits under the expenses for the …
36 O.S. § 610 Capital funds or minimum surplus required
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A. To qualify for authority to incorporate an insurance company or to transact any one or more kinds of insurance an insurer shall possess and maintain, after the effective date of this act, surplus in regard to policyholders, which is defined as the aggregate of the capital and …
36 O.S. § 6101 Joinder of companies to issue supplemental coverage -
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Approval - Rules and regulations. Individual insurance companies transacting business in Oklahoma and engaged in the sale and issuance of accident and health or hospitalization insurance may, and are hereby authorized to form an association for the apportionment among such compan…
36 O.S. § 6103.1 Purpose of act
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A. The purpose of Sections 11 through 21 of this act is to subject certain persons and insurers to the jurisdiction of: 1. The Insurance Commissioner, including proceedings before the Commissioner; and 2. The courts of this state in suits by or on behalf of this state and insured…
36 O.S. § 6103.10 Rulemaking
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The Insurance Commissioner may promulgate reasonable rules necessary to carry out the provisions of Sections 6103.1 through 6103.11 of this title. Added by Laws 1994, c. 294, § 20, eff. Sept. 1, 1994. Amended by Laws 1997, c. 418, § 111, eff. Nov. 1, 1997.
36 O.S. § 6103.11 Discretion to proceed under certain provisions
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The Insurance Commissioner may proceed solely under the provisions of Sections 6103.1 through 6103.11 of this title or under said provisions in conjunction with other applicable law. Added by Laws 1994, c. 294, § 21, eff. Sept. 1, 1994. Amended by Laws 1997, c. 418, § 112, eff. N…
36 O.S. § 6103.2 “Insurer”, “venue” and “doing insurance business in
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this state” defined - Exceptions. A. Unless otherwise indicated, the term "insurer" as used in Sections 6103.1 through 6103.11 of this title includes all legal entities, associations, and individuals engaged as principals in the business of insurance and also includes interinsura…
36 O.S. § 6103.3 Engaging in the business of insurance without statutory
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authorization - Remedies of Insurance Commissioner. A. For the purposes of Sections 6103.1 through 6103.11 of this title, "person" shall include an individual, a partnership, a corporation, a limited liability company, an association, a joint stock company, a trust, an unincorpor…
36 O.S. § 6103.4 Hearing
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A. 1. If the Insurance Commissioner has reason to believe or it appears that a person or insurer has violated or is threatening to violate the provisions of Sections 6103.1 through 6103.11 of this title or a rule promulgated pursuant thereto, or that a person or insurer acting in…
36 O.S. § 6103.5 Emergency cease and desist orders - Grounds for
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issuance. The Insurance Commissioner may issue a cease and desist order, ex parte, if: 1. The Commissioner believes: a. an unauthorized person is engaging in the business of insurance in violation of Section 6103.2 of this title or in violation of a rule promulgated pursuant to S…
36 O.S. § 6103.6 Emergency cease and desist orders - Service - Hearing
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A. On issuance of an emergency cease and desist order under Section 6103.5 of this title, the Insurance Commissioner shall serve on the person affected by the order, by registered or certified mail, return receipt requested, to the person's last-known address, or by other lawful …
36 O.S. § 6103.7 Cease and desist orders - Enforcement
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A. 1. If the Insurance Commissioner reasonably believes that a person has violated a cease and desist order issued under Sections 6103.1 through 6103.11 of this title, the Commissioner may: a. initiate individual proceedings under this section pursuant to the Administrative Proce…
36 O.S. § 6103.8 Failure to pay penalty
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If a person fails to pay a penalty assessed under the provisions of Sections 6103.1 through 6103.11 of this title, the Insurance Commissioner may: 1. Institute in the district court of Oklahoma County a civil suit to recover the civil penalty; or 2. Pursuant to the Administrative…
36 O.S. § 6103.9 Service of process
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A. 1. Service of process on a person as defined in Section 6103.3 of this title in a civil suit for injunctive relief under Section 6103.3 of this title or to recover a civil penalty under Section 6103.7 of this title shall be made by serving the Secretary of State as agent of th…
36 O.S. § 612 Additional kinds of insurance - Requirments
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A. An insurance company which incorporates or is authorized initially to transact the business of insurance in Oklahoma after the effective date of this act may transact all kinds of insurance with no additional capital or surplus requirements. B. An insurance company which incor…
36 O.S. § 612.1 Kinds of insurance; requirements
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No insurer organized or authorized to write or issue noncancelable or guaranteed renewable accident and health policies in any state shall be, or continue to be, licensed to do business in this state unless the insurer possesses and maintains a surplus as regards policyholders in…
36 O.S. § 612.2 Workers' compensation insurance - Required capital and
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surplus. After November 1, 1987, no insurer who requests to write workers' compensation insurance in this state shall be permitted to transact the business of workers' compensation insurance in this state unless the insurer possesses and maintains a surplus as regards policyholde…
36 O.S. § 6121 Permits required – Approval and denial of permit
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A. Any organization which shall offer for sale, accept money or anything of value, or contract for prearranged or prepaid funeral services, or funeral service merchandise as defined in the Funeral Services Licensing Act, or for any contract providing future funeral services or fu…
36 O.S. § 6122 Exemptions
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Nothing in Sections 6121 through 6135 of this title shall apply to religious or benevolent organizations, operating in this state as a burial association; or to the sale of lands or interests therein as grave lots, or grave spaces; burial or interment rights; delivered or install…
36 O.S. § 6123 Administration of act - Contracts
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Sections 6121 through 6136.18 of this title shall be administered by the Insurance Commissioner. The Insurance Commissioner is authorized to prescribe reasonable rules and regulations concerning keeping and inspection of records, the filing of contracts and reports, and all other…
36 O.S. § 6124 Application for permit - Renewal
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A. Applications for a permit shall be filed electronically with the Insurance Commissioner, in the manner and form prescribed by the Insurance Commissioner, and shall at the time of filing include a filing fee of Fifty Dollars ($50.00) along with any transaction or other applicab…
36 O.S. § 6124.1 Transfer of prepaid funeral benefit permits -
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Notification – Application. A. No prepaid funeral benefit permit shall be transferable from one organization to another except as provided in this section. The selling organization shall notify the Insurance Commissioner at least forty-five (45) days prior to transfer of ownershi…
36 O.S. § 6124.2 Application for change of name of a prepaid funeral
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benefit permit holder. A. No organization shall change the name under which it sells prepaid funeral benefits except as provided in this section. The organization shall obtain approval from the Insurance Commissioner at least thirty (30) days prior to changing the name of the per…
36 O.S. § 6125 Deposit and investment of funds – Transfer of funds -
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Types of contracts – Net value of contract – Interest - Withdrawal of funds – Disbursement statement – Bond – Administrative fee – Acceptance of funds – Violations. A. 1. The organization may retain from the first funds collected, the first ten percent (10%) of the purchase price…
36 O.S. § 6125.1 Maximum amount of principal an organization may receive
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pursuant to insurance contract. A. The maximum amount of principal which an organization may legally receive from any one individual pursuant to a contract establishing a fund for prepaid funeral benefits pursuant to paragraph 2 of subsection B of Section 6125 of this title shall…
36 O.S. § 6125.2 Funding of contract by assignment of life insurance or
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fixed annuity proceeds. A. Contracts for prepaid funeral benefits provided for pursuant to Section 6125 of this title may be funded by assignments of proceeds from either a standard life or accident insurance policy or an individual or group fixed annuity to the contracting organ…
36 O.S. § 6126 Designation of agent
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A. Each organization subject to the Funeral Services Licensing Act shall designate an agent or agents, either by names of the individuals or by titles of the offices or positions of the individuals, who shall be responsible for deposits of funds collected under contract for prepa…
36 O.S. § 6127 Merchandise price display
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Any organization or person offering for sale caskets or other articles of merchandise incidental to burial or funeral services shall prominently display thereon the retail price of said caskets, or other articles of merchandise. Amended by Laws 1983, c. 245, § 2, operative Sept. …
36 O.S. § 6128 Annual report
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Each organization shall file an annual report with the Insurance Commissioner on or before March 15 of each year in such form as the Insurance Commissioner may require, showing the names and addresses of all persons with whom contracts for prepaid funeral benefits have been made …
36 O.S. § 6129 Records - Annual statement of financial condition
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Each organization which has outstanding contracts for prepaid funeral benefits shall maintain within this state such records as the Insurance Commissioner may require to enable the Insurance Commissioner to determine whether the organization is complying with the provisions of Se…
36 O.S. § 6129.1 Annual financial examination of trusts and accounts
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Annually, on or before the fifteenth day of March, and whenever the Insurance Commissioner deems it to be prudent or necessary, each organization operating one or more prepaid funeral trusts shall have a financial examination of each trust and related prepaid funeral accounts for…
36 O.S. § 613 Deposit requirements
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A. Except as provided in subsection C of this section, any insurer that incorporates or is authorized initially to transact the business of insurance in Oklahoma after October 1, 1980, shall not be issued a certificate of authority by the Insurance Commissioner unless it has depo…
36 O.S. § 613.1 Surety bond or other security arrangement required
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Any insurance company transacting the business of property and casualty insurance in this state shall not be issued a new or renewal certificate of approval unless the company has provided a corporate surety bond or approved alternative security arrangement in an amount determine…
36 O.S. § 6130 See the following versions:
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OS 36-6130v1 (HB 1498, Laws 2025, c. 55, § 10) OS 36-6130v2 (HB 2104, Laws 2025, c. 486, § 497)
36 O.S. § 6130v1 Violations and penalties
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A. Any officer, director, agent, or employee of any organization subject to the terms of Sections 6121 through 6136.18 of this title who makes or attempts to make any contract in violation of the provisions of Sections 6121 through 6136.18 of this title, or who refuses to allow a…
36 O.S. § 6130v2 Violations and penalties
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A. Any officer, director, agent, or employee of any organization subject to the terms of Sections 6121 through 6136.18 of this title who makes or attempts to make any contract in violation of the provisions of Sections 6121 through 6136.18 of this title, or who refuses to allow a…
36 O.S. § 6131 Misquoting requirements of law - Penalty
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Any person who deals with the disposal or burial of deceased persons who wilfully misquotes requirements of state law regarding such shall be guilty of a misdemeanor. Laws 1970, c. 332, § 11.
36 O.S. § 6134 Certain advertising not prohibited
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Nothing in this act or any other law of the State of Oklahoma shall be construed to prevent or prohibit advertising of the price or any other information relating to the sale of any funeral service, funeral benefit, funeral merchandise, or any other property which may be used in …
36 O.S. § 6135 Insurance Code not affected
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Nothing in this act shall alter or affect any provision of the Insurance Code of the State of Oklahoma. Laws 1970, c. 332, § 15.
36 O.S. § 6136.18 Conversion from trust-funded to insurance-funded
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benefits. A. Member organizations may convert trust-funded prepaid funeral benefits to insurance-funded prepaid funeral benefits. The conversion shall be subject to the provisions of Section 6125.2 of this title. B. The Insurance Commissioner shall approve a conversion from trust…
36 O.S. § 6141 Short title
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Sections 1 through 17 of this act shall be known and may be cited as the "Prepaid Dental Plan Act". Added by Laws 1983, c. 66, § 1, eff. Nov. 1, 1983.
36 O.S. § 6142 Definitions
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As used in the Prepaid Dental Plan Act: 1. "Member" means an individual who is enrolled in a group prepaid dental plan as a principal subscriber, and dependents who are entitled to dental care services under the plan solely because of their status as dependents of the principal s…
36 O.S. § 6143 Certificate of authority required
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A. No person unless authorized pursuant to the provisions of Section 4 or Section 10 of this act shall establish or operate a prepaid dental plan organization in this state, or sell or offer to sell, or solicit offers to purchase, or receive advance or periodic consideration, in …