Okla. Stat. tit. 15, § 15-141.8
This is the official text of Okla. Stat. tit. 15, § 15-141.8, part of Oklahoma’s Stat. tit. 15, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 15,." Browse the sections below, each linked to its official government source.
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Expiration and renewal of license
Official statutory text
Each license issued to a service warranty association shall
expire on November 1 following the date of issuance. If the
association is then qualified under the provisions of the Service
Warranty Act, its license may be renewed annually, upon electronic
submission of a renewal application and fee in the manner and form
prescribed by the Insurance Commissioner along with any applicable
fees, and upon payment to the Insurance Commissioner of the license
fee in the amount of Four Hundred Dollars ($400.00) in advance for
each such license year. A license expired for failure to submit a
renewal application may be reinstated within ninety (90) days after
the expiration date by electronically submitting a fee in an amount
that is double the renewal fee and a renewal application in the form
Oklahoma Statutes - Title 15. Contracts Page 43
and manner prescribed by the Commissioner along with any transaction
or other applicable fees. The Commissioner shall require a service
warranty association whose license has been expired for more than
ninety (90) days to reapply as if a new applicant and pay an
application fee that is double the initial application fee, in
addition to any fines imposed. All applications received after the
license has been expired for more than ninety (90) days shall
include a detailed report of service warranties issued in this state
during the period of expired licensure.
expire on November 1 following the date of issuance. If the
association is then qualified under the provisions of the Service
Warranty Act, its license may be renewed annually, upon electronic
submission of a renewal application and fee in the manner and form
prescribed by the Insurance Commissioner along with any applicable
fees, and upon payment to the Insurance Commissioner of the license
fee in the amount of Four Hundred Dollars ($400.00) in advance for
each such license year. A license expired for failure to submit a
renewal application may be reinstated within ninety (90) days after
the expiration date by electronically submitting a fee in an amount
that is double the renewal fee and a renewal application in the form
Oklahoma Statutes - Title 15. Contracts Page 43
and manner prescribed by the Commissioner along with any transaction
or other applicable fees. The Commissioner shall require a service
warranty association whose license has been expired for more than
ninety (90) days to reapply as if a new applicant and pay an
application fee that is double the initial application fee, in
addition to any fines imposed. All applications received after the
license has been expired for more than ninety (90) days shall
include a detailed report of service warranties issued in this state
during the period of expired licensure.
Status: in_force · Read it on the official government site
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