Okla. Stat. tit. 36, § 36-1618
This is the official text of Okla. Stat. tit. 36, § 36-1618, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Obligations of receivers or trustees; investments not
Official statutory text
otherwise authorized; limitations.
A. An insurer may invest in certificates, notes or other
obligations issued by trustees or receivers of any institution
created or existing under the laws of the United States or of any
state, district or territory thereof, which, or the assets of which,
are being administered under the direction of any court having
jurisdiction, if such obligation in the opinion of the Insurance
Commissioner is adequately secured as to principal and interest.
B. An insurer may make loans or investments not otherwise
qualifying or permitted under this article to an amount not
exceeding in the aggregate ten percent (10%) of the insurer's
assets, and not exceeding one percent (1%) of such assets as to any
one such loan or investment. But no such loan or investment shall
be represented by:
1. Any item described in Section 1503 of this title, or any
loan or investment otherwise specifically prohibited;
2. Any loan or investment eligible under any other provision of
this article; or
3. Any asset theretofore acquired or held by the insurer under
any other category of loans or investments eligible under this
article.
The insurer shall keep a separate record of all loans and
investments made under this subsection.
A. An insurer may invest in certificates, notes or other
obligations issued by trustees or receivers of any institution
created or existing under the laws of the United States or of any
state, district or territory thereof, which, or the assets of which,
are being administered under the direction of any court having
jurisdiction, if such obligation in the opinion of the Insurance
Commissioner is adequately secured as to principal and interest.
B. An insurer may make loans or investments not otherwise
qualifying or permitted under this article to an amount not
exceeding in the aggregate ten percent (10%) of the insurer's
assets, and not exceeding one percent (1%) of such assets as to any
one such loan or investment. But no such loan or investment shall
be represented by:
1. Any item described in Section 1503 of this title, or any
loan or investment otherwise specifically prohibited;
2. Any loan or investment eligible under any other provision of
this article; or
3. Any asset theretofore acquired or held by the insurer under
any other category of loans or investments eligible under this
article.
The insurer shall keep a separate record of all loans and
investments made under this subsection.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.