Okla. Stat. tit. 36, § 36-403
This is the official text of Okla. Stat. tit. 36, § 36-403, 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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Powers of Insurance Commissioner - Injunctive relief
Official statutory text
Oklahoma Statutes - Title 36. Insurance Page 118
A. Whenever the Insurance Commissioner has reason to believe or
it appears that any person has violated subsection A of Section 2 of
this act, the Insurance Commissioner may:
1. Revoke any license or registration issued or approved by the
Insurance Commissioner;
2. Issue an ex parte cease and desist order under the
procedures provided by Section 5 of this act;
3. Institute in the district court of Oklahoma County a civil
suit for injunctive relief to restrain the person from continuing
the violation;
4. Institute in the district court of Oklahoma County a civil
suit to recover a civil penalty as provided for in Section 2 of this
act; or
5. Exercise any combination of the acts provided for in this
subsection.
B. On application for injunctive relief and a finding that a
person is violating or threatening to violate any provision of the
Crimes By or Affecting Persons Engaged in the Business of Insurance
Act or order of the Insurance Commissioner issued pursuant to the
Crimes By or Affecting Persons Engaged in the Business of Insurance
Act, the district court shall grant the injunctive relief and the
injunction shall be issued without bond.
A. Whenever the Insurance Commissioner has reason to believe or
it appears that any person has violated subsection A of Section 2 of
this act, the Insurance Commissioner may:
1. Revoke any license or registration issued or approved by the
Insurance Commissioner;
2. Issue an ex parte cease and desist order under the
procedures provided by Section 5 of this act;
3. Institute in the district court of Oklahoma County a civil
suit for injunctive relief to restrain the person from continuing
the violation;
4. Institute in the district court of Oklahoma County a civil
suit to recover a civil penalty as provided for in Section 2 of this
act; or
5. Exercise any combination of the acts provided for in this
subsection.
B. On application for injunctive relief and a finding that a
person is violating or threatening to violate any provision of the
Crimes By or Affecting Persons Engaged in the Business of Insurance
Act or order of the Insurance Commissioner issued pursuant to the
Crimes By or Affecting Persons Engaged in the Business of Insurance
Act, the district court shall grant the injunctive relief and the
injunction shall be issued without bond.
Status: in_force · Read it on the official government site
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