Okla. Stat. tit. 36, § 36-402
This is the official text of Okla. Stat. tit. 36, § 36-402, 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.
Persons prohibited from engaging in business of insurance
Official statutory text
- Exception - Penalty.
A. No person who has been convicted of any criminal felony
involving dishonesty or a breach of trust, or who has been convicted
of an offense under Section 1033 of Title 18 of the United States
Code, shall engage or participate in the business of insurance in
this state or do any of the acts of an insurance business as set
forth in Section 4 of this act.
B. A person described in subsection A of this section may
engage in the business of insurance or participate in such business
if such person has the written consent of the Insurance
Commissioner.
C. A person who violates subsection A of this section or any
rule promulgated pursuant thereto is subject to a civil penalty of
not more than Ten Thousand Dollars ($10,000.00) for each act of
violation and for each day of violation.
D. The business of insurance includes title insurers for
purposes of the Crimes by or Affecting Persons Engaged in the
Business of Insurance Act.
A. No person who has been convicted of any criminal felony
involving dishonesty or a breach of trust, or who has been convicted
of an offense under Section 1033 of Title 18 of the United States
Code, shall engage or participate in the business of insurance in
this state or do any of the acts of an insurance business as set
forth in Section 4 of this act.
B. A person described in subsection A of this section may
engage in the business of insurance or participate in such business
if such person has the written consent of the Insurance
Commissioner.
C. A person who violates subsection A of this section or any
rule promulgated pursuant thereto is subject to a civil penalty of
not more than Ten Thousand Dollars ($10,000.00) for each act of
violation and for each day of violation.
D. The business of insurance includes title insurers for
purposes of the Crimes by or Affecting Persons Engaged in the
Business of Insurance Act.
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.