Okla. Stat. tit. 36, § 36-3011
This is the official text of Okla. Stat. tit. 36, § 36-3011, 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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Deposit required of foreign Lloyd's in home state as
Official statutory text
condition to permit.
In case underwriters at a Lloyd's who are nonresidents of
Oklahoma, or who maintain their principal office outside of
Oklahoma, apply to the Insurance Commissioner for a permit to do
business in Oklahoma, such permit shall not be granted unless such
underwriters have on deposit with the Insurance Commissioner of
their home states net assets in the amount of at least Two Hundred
Thousand Dollars ($200,000.00).
In case underwriters at a Lloyd's who are nonresidents of
Oklahoma, or who maintain their principal office outside of
Oklahoma, apply to the Insurance Commissioner for a permit to do
business in Oklahoma, such permit shall not be granted unless such
underwriters have on deposit with the Insurance Commissioner of
their home states net assets in the amount of at least Two Hundred
Thousand Dollars ($200,000.00).
Status: in_force · Read it on the official government site
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