Okla. Stat. tit. 11, § 11-49-133
This is the official text of Okla. Stat. tit. 11, § 11-49-133, part of Oklahoma’s Stat. tit. 11, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 11,." Browse the sections below, each linked to its official government source.
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Use of money for unauthorized purposes
Official statutory text
The Insurance Commissioner may examine the books and financial
records of the State Board and when a written complaint is made to
him under oath that any part of such money has been, or is being,
expended or applied for purposes other than those authorized by
Section 49-132 of this title, it shall be his duty to examine such
books and financial records to determine if such complaint is true
and if such an examination discloses that any such money has been,
or is being, expended or applied for purposes other than those
authorized, it shall be his duty to report that fact to the
Governor. Upon receiving such report, the Governor shall direct the
State Treasurer not to issue any warrants to the State Board for the
municipality involved until the Insurance Commissioner reports to
the Governor that all monies wrongfully expended or applied have
been replaced; provided that, the Governor may take such further
action as the situation may demand.
records of the State Board and when a written complaint is made to
him under oath that any part of such money has been, or is being,
expended or applied for purposes other than those authorized by
Section 49-132 of this title, it shall be his duty to examine such
books and financial records to determine if such complaint is true
and if such an examination discloses that any such money has been,
or is being, expended or applied for purposes other than those
authorized, it shall be his duty to report that fact to the
Governor. Upon receiving such report, the Governor shall direct the
State Treasurer not to issue any warrants to the State Board for the
municipality involved until the Insurance Commissioner reports to
the Governor that all monies wrongfully expended or applied have
been replaced; provided that, the Governor may take such further
action as the situation may demand.
Status: in_force · Read it on the official government site
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