Okla. Stat. tit. 36, § 36-1706
This is the official text of Okla. Stat. tit. 36, § 36-1706, 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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Excess deposits
Official statutory text
An insurer may so deposit cash or eligible securities in an
amount exceeding its deposit required or otherwise permitted under
this Code, for the purpose of absorbing fluctuations in the value of
securities held in its deposit, and to facilitate the exchange and
substitution of securities deposited. During the solvency of the
insurer any such excess deposit or part thereof shall be released to
the insurer upon its request. During the insolvency of the insurer
such excess deposit shall be released only as provided in Section
1707 of this article.
amount exceeding its deposit required or otherwise permitted under
this Code, for the purpose of absorbing fluctuations in the value of
securities held in its deposit, and to facilitate the exchange and
substitution of securities deposited. During the solvency of the
insurer any such excess deposit or part thereof shall be released to
the insurer upon its request. During the insolvency of the insurer
such excess deposit shall be released only as provided in Section
1707 of this article.
Status: in_force · Read it on the official government site
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