Okla. Stat. tit. 36, § 36-311A.4

A. All insurers shall have an annual audit by an independent

certified public accountant and shall file an audited financial

report with the Insurance Commissioner on or before June 1 for the

year ended December 31 immediately preceding. The Commissioner may

require an insurer to file an audited financial report earlier than

June 1 with ninety (90) days advance notice to the insurer.

B. Extensions of the June 1 filing date may be granted by the

Commissioner for thirty-day periods upon a showing by the insurer

and its independent certified public accountant of the reasons for

requesting an extension and determination by the Commissioner of

good cause for an extension. The request for extension must be

submitted in writing not less than ten (10) days prior to the due

date in sufficient detail to permit the Commissioner to make an

informed decision with respect to the requested extension.

Oklahoma Statutes - Title 36. Insurance Page 81

C. If an extension is granted in accordance with the provisions

in subsection B of this section, a similar extension of thirty (30)

days is granted to the filing of Management’s Report of Internal

Control over Financial Reporting.

D. Every insurer required to file an annual audited financial

report pursuant to the Oklahoma Annual Financial Report Act shall

designate a group of individuals as constituting its audit

committee. The audit committee of an entity that controls an

insurer may be deemed to be the audit committee of the insurer for

purposes of the Oklahoma Annual Financial Report Act at the election

of the controlling person.