Okla. Stat. tit. 36, § 36-1919
This is the official text of Okla. Stat. tit. 36, § 36-1919, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Priority of certain claims
Official statutory text
A. In a delinquency proceeding against an insurer domiciled in
this state, claims owning to residents of ancillary states shall be
preferred claims if like claims are preferred under the laws of this
state. All such claims owing to residents or nonresidents shall be
given equal priority of payment from general assets regardless of
where such assets are located.
B. In a delinquency proceeding against an insurer domiciled in
a reciprocal state, claims owing to residents of this state shall be
preferred if like claims are preferred by the laws of that state.
C. The owners of special deposit claims against an insurer for
which a receiver is appointed in this or any other state shall be
given priority against their several special deposits in accordance
with the provisions of the statutes governing the creation and
maintenance of such deposits. If there is a deficiency in any such
deposit so that the claims secured thereby are not fully discharged
therefrom, the claimants may share in the general assets, but such
sharing shall be deferred until general creditors, and also
claimants against other special deposits who have received smaller
percentages from their respective special deposits, have been paid
Oklahoma Statutes - Title 36. Insurance Page 542
percentages of their claims equal to the percentage paid from the
special deposit.
D. The owner of a secured claim against an insurer for which a
receiver has been appointed in this or any other state may surrender
his security and file his claim as a general creditor, or the claim
may be discharged by resort to the security, in which case the
deficiency, if any, shall be treated as a claim against the general
assets of the insurer on the same basis as claims of unsecured
creditors. If the amount of the deficiency has been adjudicated in
ancillary proceedings as provided in this article or if it has been
adjudicated by a court of competent jurisdiction in proceedings in
which the domiciliary receiver has had notice and opportunity to be
heard, such amounts shall be conclusive; otherwise the amount shall
be determined in the delinquency proceeding in the domiciliary
state.
this state, claims owning to residents of ancillary states shall be
preferred claims if like claims are preferred under the laws of this
state. All such claims owing to residents or nonresidents shall be
given equal priority of payment from general assets regardless of
where such assets are located.
B. In a delinquency proceeding against an insurer domiciled in
a reciprocal state, claims owing to residents of this state shall be
preferred if like claims are preferred by the laws of that state.
C. The owners of special deposit claims against an insurer for
which a receiver is appointed in this or any other state shall be
given priority against their several special deposits in accordance
with the provisions of the statutes governing the creation and
maintenance of such deposits. If there is a deficiency in any such
deposit so that the claims secured thereby are not fully discharged
therefrom, the claimants may share in the general assets, but such
sharing shall be deferred until general creditors, and also
claimants against other special deposits who have received smaller
percentages from their respective special deposits, have been paid
Oklahoma Statutes - Title 36. Insurance Page 542
percentages of their claims equal to the percentage paid from the
special deposit.
D. The owner of a secured claim against an insurer for which a
receiver has been appointed in this or any other state may surrender
his security and file his claim as a general creditor, or the claim
may be discharged by resort to the security, in which case the
deficiency, if any, shall be treated as a claim against the general
assets of the insurer on the same basis as claims of unsecured
creditors. If the amount of the deficiency has been adjudicated in
ancillary proceedings as provided in this article or if it has been
adjudicated by a court of competent jurisdiction in proceedings in
which the domiciliary receiver has had notice and opportunity to be
heard, such amounts shall be conclusive; otherwise the amount shall
be determined in the delinquency proceeding in the domiciliary
state.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
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.