Okla. Stat. tit. 36, § 36-1910

This is the official text of Okla. Stat. tit. 36, § 36-1910, 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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Order of rehabilitation; termination

Official statutory text

A. An order to rehabilitate a domestic insurer shall direct the

Insurance Commissioner forthwith to take possession of the property

of the insurer and to conduct the business thereof, and to take such

steps toward removal of the causes and conditions which have made

rehabilitation necessary as the court may direct.

B. If at any time the Insurance Commissioner deems that further

efforts to rehabilitate the insurer would be useless, he may apply

to the court for an order of liquidation.

C. The Insurance Commissioner, or any interested person upon

due notice to the Insurance Commissioner, at any time may apply to

the court for an order terminating the rehabilitation proceedings

and permitting the insurer to resume possession of its property and

the conduct of its business, but no such order shall be granted

except when, after a full hearing, the court has determined that the

purposes of the proceeding have been fully accomplished.

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.