Okla. Stat. tit. 36, § 36-2111
This is the official text of Okla. Stat. tit. 36, § 36-2111, 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.
Initial qualification, domestic mutuals
Official statutory text
When newly organized, a domestic mutual insurer may be
authorized to transact any one or more kinds of insurance other than
title insurance. When applying for an original certificate of
authority as an insurer, a domestic mutual insurer must be otherwise
qualified therefor under this code, must possess and maintain the
minimum requirements for surplus in regard to policyholders as set
forth in Sections 610 and 611 of this code, and must have received
and accepted bona fide applications with respect to substantial
insurable subjects for insurance coverage of a substantial character
of the kind of insurance proposed to be transacted, must have
collected in full and in cash the proper premium therefor at a rate
substantially equal to that usually charged by stock insurers for
comparable coverages, must have surplus funds on hand as at
completion of issuance of all such policies so applied for, or, in
lieu of such applications, premiums, and surplus, may deposit
surplus, all in accordance with the requirements set forth in
Sections 610 and 611 of this code.
authorized to transact any one or more kinds of insurance other than
title insurance. When applying for an original certificate of
authority as an insurer, a domestic mutual insurer must be otherwise
qualified therefor under this code, must possess and maintain the
minimum requirements for surplus in regard to policyholders as set
forth in Sections 610 and 611 of this code, and must have received
and accepted bona fide applications with respect to substantial
insurable subjects for insurance coverage of a substantial character
of the kind of insurance proposed to be transacted, must have
collected in full and in cash the proper premium therefor at a rate
substantially equal to that usually charged by stock insurers for
comparable coverages, must have surplus funds on hand as at
completion of issuance of all such policies so applied for, or, in
lieu of such applications, premiums, and surplus, may deposit
surplus, all in accordance with the requirements set forth in
Sections 610 and 611 of this code.
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.