Okla. Stat. tit. 36, § 36-1435.9
This is the official text of Okla. Stat. tit. 36, § 36-1435.9, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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Nonresident producer license
Official statutory text
A. Unless denied licensure pursuant to Section 1435.13 of this
title, a nonresident person shall receive a nonresident producer
license if:
1. The person is currently licensed as a resident and in good
standing in that person's home state;
Oklahoma Statutes - Title 36. Insurance Page 341
2. The person has submitted the proper request for licensure
and has paid the fees required by Section 1435.23 of this title;
3. The person has submitted or transmitted to the Insurance
Commissioner the application for licensure that the person submitted
to the person's home state, or in lieu of the same, a completed
Uniform Application; and
4. The person's home state awards nonresident producer licenses
to residents of this state on the same basis.
B. Any nonresident application submitted pursuant to this
section shall constitute the applicant’s designation of the
Insurance Commissioner as the person upon whom may be served all
lawful process in any action, suit, or proceeding instituted by or
on behalf of any interested person arising out of the insurance
business of the applicant in this state. This designation
constitutes an agreement that said service of process is of the same
legal force and validity as personal service of process in this
state upon the nonresident licensee.
C. The Insurance Commissioner may verify the producer's
licensing status through the Producer Database maintained by the
National Association of Insurance Commissioners, its affiliates or
subsidiaries.
D. A nonresident producer who moves from one state to another
state or a resident producer who moves from this state to another
state shall file a change of address and provide certification from
the new resident state within thirty (30) days of the change of
legal residence.
E. Notwithstanding any other provision of the Oklahoma Producer
Licensing Act or of the Oklahoma Insurance Code, a person licensed
as a surplus lines producer in that person's home state shall
receive a nonresident surplus lines producer license pursuant to
subsections A and B of this section.
F. Notwithstanding any other provision of the Oklahoma Producer
Licensing Act, a person licensed as a limited line credit insurance
or other type of limited lines producer in that person's home state
shall receive a nonresident limited lines producer license, pursuant
to subsections A and B of this section, granting the same scope of
authority as granted under the license issued by the producer's home
state. For the purpose of this subsection, limited line insurance
is any authority granted by the home state which restricts the
authority of the license to less than the total authority prescribed
in the associated major lines pursuant to subsection A of Section
1435.8 of this title.
title, a nonresident person shall receive a nonresident producer
license if:
1. The person is currently licensed as a resident and in good
standing in that person's home state;
Oklahoma Statutes - Title 36. Insurance Page 341
2. The person has submitted the proper request for licensure
and has paid the fees required by Section 1435.23 of this title;
3. The person has submitted or transmitted to the Insurance
Commissioner the application for licensure that the person submitted
to the person's home state, or in lieu of the same, a completed
Uniform Application; and
4. The person's home state awards nonresident producer licenses
to residents of this state on the same basis.
B. Any nonresident application submitted pursuant to this
section shall constitute the applicant’s designation of the
Insurance Commissioner as the person upon whom may be served all
lawful process in any action, suit, or proceeding instituted by or
on behalf of any interested person arising out of the insurance
business of the applicant in this state. This designation
constitutes an agreement that said service of process is of the same
legal force and validity as personal service of process in this
state upon the nonresident licensee.
C. The Insurance Commissioner may verify the producer's
licensing status through the Producer Database maintained by the
National Association of Insurance Commissioners, its affiliates or
subsidiaries.
D. A nonresident producer who moves from one state to another
state or a resident producer who moves from this state to another
state shall file a change of address and provide certification from
the new resident state within thirty (30) days of the change of
legal residence.
E. Notwithstanding any other provision of the Oklahoma Producer
Licensing Act or of the Oklahoma Insurance Code, a person licensed
as a surplus lines producer in that person's home state shall
receive a nonresident surplus lines producer license pursuant to
subsections A and B of this section.
F. Notwithstanding any other provision of the Oklahoma Producer
Licensing Act, a person licensed as a limited line credit insurance
or other type of limited lines producer in that person's home state
shall receive a nonresident limited lines producer license, pursuant
to subsections A and B of this section, granting the same scope of
authority as granted under the license issued by the producer's home
state. For the purpose of this subsection, limited line insurance
is any authority granted by the home state which restricts the
authority of the license to less than the total authority prescribed
in the associated major lines pursuant to subsection A of Section
1435.8 of this title.
Status: in_force · Read it on the official government site
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