Okla. Stat. tit. 36, § 36-6103.5
This is the official text of Okla. Stat. tit. 36, § 36-6103.5, 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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Emergency cease and desist orders - Grounds for
Official statutory text
issuance.
The Insurance Commissioner may issue a cease and desist order,
ex parte, if:
1. The Commissioner believes:
a. an unauthorized person is engaging in the business of
insurance in violation of Section 6103.2 of this title
or in violation of a rule promulgated pursuant to
Sections 6103.1 through 6103.11 of this title, or
b. an unauthorized person engaged in the business of
insurance acting in violation of Section 6103.3 of
this title is committing an unfair method of
competition or an unfair or deceptive act or practice
in violation of Section 1201 et seq. of this title or
in violation of any rule promulgated pursuant thereto,
or
c. an unauthorized person or individual is engaging in
the business of bail bonds in violation of Section
6103.2 of this title or in violation of a rule
promulgated pursuant to Sections 6103.1 through
6103.11 of this title; or
2. It appears to the Commissioner that the alleged conduct is
fraudulent or hazardous or creates an immediate danger to the public
safety or is causing or can be reasonably expected to cause
significant, imminent and irreparable public injury.
The Insurance Commissioner may issue a cease and desist order,
ex parte, if:
1. The Commissioner believes:
a. an unauthorized person is engaging in the business of
insurance in violation of Section 6103.2 of this title
or in violation of a rule promulgated pursuant to
Sections 6103.1 through 6103.11 of this title, or
b. an unauthorized person engaged in the business of
insurance acting in violation of Section 6103.3 of
this title is committing an unfair method of
competition or an unfair or deceptive act or practice
in violation of Section 1201 et seq. of this title or
in violation of any rule promulgated pursuant thereto,
or
c. an unauthorized person or individual is engaging in
the business of bail bonds in violation of Section
6103.2 of this title or in violation of a rule
promulgated pursuant to Sections 6103.1 through
6103.11 of this title; or
2. It appears to the Commissioner that the alleged conduct is
fraudulent or hazardous or creates an immediate danger to the public
safety or is causing or can be reasonably expected to cause
significant, imminent and irreparable public injury.
Status: in_force · Read it on the official government site
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