Okla. Stat. tit. 36, § 36-1913
This is the official text of Okla. Stat. tit. 36, § 36-1913, 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 conservation or ancillary liquidation of foreign
Official statutory text
or alien insurers.
A. An order to conserve the assets of a foreign or alien
insurer shall require the Insurance Commissioner forthwith to take
possession of the property of the insurer within this state and to
conserve it, subject to the further direction of the court.
B. An order to liquidate the assets in this state of a foreign
insurer shall require the Insurance Commissioner forthwith to take
possession of the property of the insurer within this state and to
liquidate it subject to the orders of the court and with due regard
to the rights and powers of the domiciliary receiver, as provided in
this article.
A. An order to conserve the assets of a foreign or alien
insurer shall require the Insurance Commissioner forthwith to take
possession of the property of the insurer within this state and to
conserve it, subject to the further direction of the court.
B. An order to liquidate the assets in this state of a foreign
insurer shall require the Insurance Commissioner forthwith to take
possession of the property of the insurer within this state and to
liquidate it subject to the orders of the court and with due regard
to the rights and powers of the domiciliary receiver, as provided in
this article.
Status: in_force · Read it on the official government site
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