Okla. Stat. tit. 36, § 36-335
This is the official text of Okla. Stat. tit. 36, § 36-335, 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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Conflicts of interest - Exceptions
Official statutory text
No employee of the Insurance Department shall be financially
interested, directly or indirectly, in any insurer, agency or
insurance transaction except as a policyholder or claimant under a
policy; except, that as to such matters wherein a conflict of
interest does not exist on the part of any such individual, the
Insurance Commissioner may employ from time to time insurance
actuaries or other technicians who are independently practicing
their professions even though similarly employed by insurers and
others. This section shall not be deemed to prohibit employment by
the Insurance Commissioner of retired or pensioned personnel of
insurers or insurance organizations. In addition, this section
shall not be deemed to prohibit employees of the Insurance
Department from investing in mutual funds that may own stock in
insurance companies, or from having an interest in retirement or
pension plans, other than self-directed plans, that may own stock in
insurance companies.
interested, directly or indirectly, in any insurer, agency or
insurance transaction except as a policyholder or claimant under a
policy; except, that as to such matters wherein a conflict of
interest does not exist on the part of any such individual, the
Insurance Commissioner may employ from time to time insurance
actuaries or other technicians who are independently practicing
their professions even though similarly employed by insurers and
others. This section shall not be deemed to prohibit employment by
the Insurance Commissioner of retired or pensioned personnel of
insurers or insurance organizations. In addition, this section
shall not be deemed to prohibit employees of the Insurance
Department from investing in mutual funds that may own stock in
insurance companies, or from having an interest in retirement or
pension plans, other than self-directed plans, that may own stock in
insurance companies.
Status: in_force · Read it on the official government site
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