Okla. Stat. tit. 36, § 36-1704
This is the official text of Okla. Stat. tit. 36, § 36-1704, 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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Trust companies as depositaries
Official statutory text
A. Upon request of the insurer, the Insurance Commissioner may
designate any solvent trust company or other solvent financial
institution having trust powers domiciled in this State as the
Commissioner's depositary to receive and hold any such deposit. Any
such deposit so held shall be at the expense of the insurer.
B. The State of Oklahoma shall be responsible for the
safekeeping and return of all funds and securities deposited
pursuant to this Code with the Commissioner or in any depositary so
designated by the Commissioner.
designate any solvent trust company or other solvent financial
institution having trust powers domiciled in this State as the
Commissioner's depositary to receive and hold any such deposit. Any
such deposit so held shall be at the expense of the insurer.
B. The State of Oklahoma shall be responsible for the
safekeeping and return of all funds and securities deposited
pursuant to this Code with the Commissioner or in any depositary so
designated by the Commissioner.
Status: in_force · Read it on the official government site
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