Okla. Stat. tit. 36, § 36-2920
This is the official text of Okla. Stat. tit. 36, § 36-2920, 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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Subscribers' advisory committee
Official statutory text
A. The advisory committee of a domestic reciprocal insurer
exercising the subscribers' rights shall be selected under such
rules as the subscribers adopt.
B. Not less than two-thirds (2/3) of such committee shall be
subscribers other than the attorney, or any person employed by,
representing, or having a financial interest in the attorney.
C. The committee shall:
1. Supervise the finances of the insurer;
2. Supervise the insurer's operations to such extent as to
assure conformity with the subscribers' agreement and power of
attorney;
3. Procure the audit of the accounts and records of the insurer
and of the attorney at the expense of the insurer;
4. Have such additional powers and functions as may be
conferred by the subscribers' agreement.
exercising the subscribers' rights shall be selected under such
rules as the subscribers adopt.
B. Not less than two-thirds (2/3) of such committee shall be
subscribers other than the attorney, or any person employed by,
representing, or having a financial interest in the attorney.
C. The committee shall:
1. Supervise the finances of the insurer;
2. Supervise the insurer's operations to such extent as to
assure conformity with the subscribers' agreement and power of
attorney;
3. Procure the audit of the accounts and records of the insurer
and of the attorney at the expense of the insurer;
4. Have such additional powers and functions as may be
conferred by the subscribers' agreement.
Status: in_force · Read it on the official government site
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