Okla. Stat. tit. 36, § 36-1602
This is the official text of Okla. Stat. tit. 36, § 36-1602, 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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Eligible investments
Official statutory text
A. Insurers shall invest in or loan their funds on the security
of, and shall hold as assets, only eligible investments as
prescribed in this article.
B. Any particular investment held by an insurer on the
effective date of this Code or any amendment hereto, and which was a
legal investment at the time it was made, and which the insurer was
legally entitled to possess immediately prior to such effective
date, shall be deemed to be an eligible investment.
C. The eligibility of an investment shall be determined as of
the date of its making or acquisition.
D. Any investment limitation based upon the amount of the
insurer's assets or particular funds shall relate to assets or funds
Oklahoma Statutes - Title 36. Insurance Page 429
as shown by the insurer's annual statement as of December 31 last
preceding date of investment, or as shown by a current financial
statement on file with the Commissioner.
of, and shall hold as assets, only eligible investments as
prescribed in this article.
B. Any particular investment held by an insurer on the
effective date of this Code or any amendment hereto, and which was a
legal investment at the time it was made, and which the insurer was
legally entitled to possess immediately prior to such effective
date, shall be deemed to be an eligible investment.
C. The eligibility of an investment shall be determined as of
the date of its making or acquisition.
D. Any investment limitation based upon the amount of the
insurer's assets or particular funds shall relate to assets or funds
Oklahoma Statutes - Title 36. Insurance Page 429
as shown by the insurer's annual statement as of December 31 last
preceding date of investment, or as shown by a current financial
statement on file with the Commissioner.
Status: in_force · Read it on the official government site
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