Okla. Stat. tit. 36, § 36-1703
This is the official text of Okla. Stat. tit. 36, § 36-1703, 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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Assets eligible for deposit
Official statutory text
A. All such deposits required for authority to transact
insurance business in Oklahoma shall consist of cash, under
negotiable and transferable certificates of deposit or other time
deposit instruments issued by solvent insured banks, savings and
loan associations, and trust companies in Oklahoma, or a combination
of the foregoing and the securities described in Sections 1607,
1608, 1609 and 1620 of this title.
Oklahoma Statutes - Title 36. Insurance Page 521
B. All such deposits required pursuant to the laws of another
state, province, or country, or pursuant to the retaliatory
provision of Section 628 of this title, shall consist of such assets
as are required or permitted by such laws, or as required pursuant
to such retaliatory provision.
insurance business in Oklahoma shall consist of cash, under
negotiable and transferable certificates of deposit or other time
deposit instruments issued by solvent insured banks, savings and
loan associations, and trust companies in Oklahoma, or a combination
of the foregoing and the securities described in Sections 1607,
1608, 1609 and 1620 of this title.
Oklahoma Statutes - Title 36. Insurance Page 521
B. All such deposits required pursuant to the laws of another
state, province, or country, or pursuant to the retaliatory
provision of Section 628 of this title, shall consist of such assets
as are required or permitted by such laws, or as required pursuant
to such retaliatory provision.
Status: in_force · Read it on the official government site
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