Okla. Stat. tit. 36, § 36-1707
This is the official text of Okla. Stat. tit. 36, § 36-1707, 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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Release of deposits
Official statutory text
Any deposit made in this state under the Insurance Code shall be
released and returned:
1. To the insurer upon extinguishment by reinsurance or
otherwise of substantially all liability of the insurer for the
security of which the deposit is held upon proper request by the
insurer and after financial review of the insurer proving generally
acceptable financial conditions;
2. To the insurer to the extent such deposit is in excess of
the amount required upon proper request by the insurer and after
financial review of the insurer proving generally acceptable
financial conditions; or
3. Upon proper order of a court of competent jurisdiction to
the receiver, conservator, rehabilitator or liquidator of the
insurer, or to any other properly designated official or officials
who succeed to the management and control of the insurer's assets.
released and returned:
1. To the insurer upon extinguishment by reinsurance or
otherwise of substantially all liability of the insurer for the
security of which the deposit is held upon proper request by the
insurer and after financial review of the insurer proving generally
acceptable financial conditions;
2. To the insurer to the extent such deposit is in excess of
the amount required upon proper request by the insurer and after
financial review of the insurer proving generally acceptable
financial conditions; or
3. Upon proper order of a court of competent jurisdiction to
the receiver, conservator, rehabilitator or liquidator of the
insurer, or to any other properly designated official or officials
who succeed to the management and control of the insurer's assets.
Status: in_force · Read it on the official government site
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