Okla. Stat. tit. 36, § 36-1702

This is the official text of Okla. Stat. tit. 36, § 36-1702, 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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Purpose of deposits

Official statutory text

Such deposits shall be held as follows:

1. When the deposit is required for authority to transact

insurance in Oklahoma the deposit shall be held for the protection

of all the insurer's policyholders and/or creditors within the

United States.

2. When the deposit is required pursuant to the laws of another

state, province, or country, the deposit shall be held for such

purposes as is required by such laws, and as specified by the

Insurance Commissioner at the time the deposit is made.

3. When the deposit is required pursuant to the retaliatory

provision, Section 630 of Article 6 (Authorization of Insurers and

General Requirements Article), the deposit shall be held for

purposes as specified in the Insurance Commissioner's order

requiring the deposit.

Status: in_force · Read it on the official government site

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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.