Okla. Stat. tit. 36, § 36-1537
This is the official text of Okla. Stat. tit. 36, § 36-1537, 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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Discretion of insurer or insurance group over responses
Official statutory text
A. The insurer or insurance group shall have discretion over
the responses to the Corporate Governance Annual Disclosure (CGAD)
inquiries, provided the CGAD shall contain the material information
necessary to permit the Insurance Commissioner to gain an
understanding of the insurer's or group's corporate governance
structure, policies, and practices. The Commissioner may request
additional information that he or she deems material and necessary
to provide a clear understanding of the corporate governance
policies, the reporting or information system or controls
implementing those policies.
B. Notwithstanding subsection A of this section, the CGAD shall
be prepared consistent with any regulation created to support this
act. Documentation and supporting information shall be maintained
and made available upon examination or upon request of the
Commissioner.
the responses to the Corporate Governance Annual Disclosure (CGAD)
inquiries, provided the CGAD shall contain the material information
necessary to permit the Insurance Commissioner to gain an
understanding of the insurer's or group's corporate governance
structure, policies, and practices. The Commissioner may request
additional information that he or she deems material and necessary
to provide a clear understanding of the corporate governance
policies, the reporting or information system or controls
implementing those policies.
B. Notwithstanding subsection A of this section, the CGAD shall
be prepared consistent with any regulation created to support this
act. Documentation and supporting information shall be maintained
and made available upon examination or upon request of the
Commissioner.
Status: in_force · Read it on the official government site
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