Okla. Stat. tit. 36, § 36-2509
This is the official text of Okla. Stat. tit. 36, § 36-2509, 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.
Consolidation of companies; transfer or reinsurance of
Official statutory text
risks.
No stipulated premium insurance company or association organized
under this article shall consolidate with another company or
transfer or reinsure its risks with any other corporation, company
or association or assume or reinstate the whole or any part of the
risks of any other company or association, except with the approval
of the Insurance Commissioner, and a majority of the stockholders
present and voting at a regular or special meeting duly called.
No stipulated premium insurance company or association organized
under this article shall consolidate with another company or
transfer or reinsure its risks with any other corporation, company
or association or assume or reinstate the whole or any part of the
risks of any other company or association, except with the approval
of the Insurance Commissioner, and a majority of the stockholders
present and voting at a regular or special meeting duly called.
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.