Okla. Stat. tit. 36, § 36-6951
This is the official text of Okla. Stat. tit. 36, § 36-6951, 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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Requirements for RBC reports filed in 2003
Official statutory text
For Risk-based Capital (RBC) reports required to be filed by
health maintenance organizations in 2003, the following requirements
shall apply in lieu of the provisions of Sections 40, 41, 42 and 43
of this act:
1. In the event of a Company Action Level Event in a domestic
health maintenance organization, the Insurance Commissioner shall
take no regulatory action under this act;
2. In the event of a Regulatory Action Level Event under the
provisions of paragraphs 1, 2 or 3 of subsection A of Section 41 of
this act the Commissioner shall take the actions required under
Section 40 of this act;
3. In the event of a Regulatory Action Level Event under
paragraphs 4, 5, 6, 7, 8 or 9 of subsection A of Section 41 of this
act or an Authorized Control Level Event, the Commissioner shall
take the actions required under Section 41 of this act; or
4. In the event of a Mandatory Control Level Event in a health
maintenance organization, the Commissioner shall take the actions
required under Section 42 of this act.
health maintenance organizations in 2003, the following requirements
shall apply in lieu of the provisions of Sections 40, 41, 42 and 43
of this act:
1. In the event of a Company Action Level Event in a domestic
health maintenance organization, the Insurance Commissioner shall
take no regulatory action under this act;
2. In the event of a Regulatory Action Level Event under the
provisions of paragraphs 1, 2 or 3 of subsection A of Section 41 of
this act the Commissioner shall take the actions required under
Section 40 of this act;
3. In the event of a Regulatory Action Level Event under
paragraphs 4, 5, 6, 7, 8 or 9 of subsection A of Section 41 of this
act or an Authorized Control Level Event, the Commissioner shall
take the actions required under Section 41 of this act; or
4. In the event of a Mandatory Control Level Event in a health
maintenance organization, the Commissioner shall take the actions
required under Section 42 of this act.
Status: in_force · Read it on the official government site
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