Okla. Stat. tit. 36, § 36-609
This is the official text of Okla. Stat. tit. 36, § 36-609, 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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Kinds of insurance an insurer may transact
Official statutory text
An insurer which otherwise qualifies therefor may be authorized
to transact any one kind or combination of kinds of insurance as
defined in Section 701 et seq. of this title, except:
1. A life insurer shall not be authorized to transact any other
kind of insurance except accident and health and workers'
compensation and employer liability equivalent insurance if
Oklahoma Statutes - Title 36. Insurance Page 129
otherwise qualified to do so on or after September 1, 1994, or if
immediately prior to the effective date of this Code any life
insurer lawfully held a subsisting certificate of authority granting
it the right to transact in Oklahoma additional kinds of insurance
other than accident and health, so long as the insurer is otherwise
in compliance with this Code the Insurance Commissioner shall
continue to authorize such insurer to transact the same kinds of
insurance as those specified in such prior certificate of authority;
2. A reciprocal insurer shall not transact life insurance;
3. A Lloyd's insurer shall not transact life insurance;
4. A title insurer shall be a stock insurer and shall not
transact any other kind of insurance; and
5. No insurer shall issue for delivery or deliver in this state
any contract of insurance which imposes contingent or assessment
liability upon a resident of this state.
to transact any one kind or combination of kinds of insurance as
defined in Section 701 et seq. of this title, except:
1. A life insurer shall not be authorized to transact any other
kind of insurance except accident and health and workers'
compensation and employer liability equivalent insurance if
Oklahoma Statutes - Title 36. Insurance Page 129
otherwise qualified to do so on or after September 1, 1994, or if
immediately prior to the effective date of this Code any life
insurer lawfully held a subsisting certificate of authority granting
it the right to transact in Oklahoma additional kinds of insurance
other than accident and health, so long as the insurer is otherwise
in compliance with this Code the Insurance Commissioner shall
continue to authorize such insurer to transact the same kinds of
insurance as those specified in such prior certificate of authority;
2. A reciprocal insurer shall not transact life insurance;
3. A Lloyd's insurer shall not transact life insurance;
4. A title insurer shall be a stock insurer and shall not
transact any other kind of insurance; and
5. No insurer shall issue for delivery or deliver in this state
any contract of insurance which imposes contingent or assessment
liability upon a resident of this state.
Status: in_force · Read it on the official government site
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