Okla. Stat. tit. 36, § 36-1444
This is the official text of Okla. Stat. tit. 36, § 36-1444, 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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Payments to administrator - Rights against administrator
Official statutory text
If an insurer or trust utilizes the services of an administrator
pursuant to the terms of a written agreement, the payment to the
administrator of any premiums or charges for insurance by or on
behalf of the insured shall be deemed to have been received by the
insurer or trust. The payment of return premiums or claims by the
insurer or trust to the administrator shall not be deemed payment to
the insured or claimant until the payments are received by the
insured or claimant. Nothing in the Third-party Administrator Act
shall limit any right of the insurer or trust against the
administrator resulting from failure of the administrator to make
payments to the insurer or trust, insureds, or claimants.
pursuant to the terms of a written agreement, the payment to the
administrator of any premiums or charges for insurance by or on
behalf of the insured shall be deemed to have been received by the
insurer or trust. The payment of return premiums or claims by the
insurer or trust to the administrator shall not be deemed payment to
the insured or claimant until the payments are received by the
insured or claimant. Nothing in the Third-party Administrator Act
shall limit any right of the insurer or trust against the
administrator resulting from failure of the administrator to make
payments to the insurer or trust, insureds, or claimants.
Status: in_force · Read it on the official government site
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