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Okla. Stat. tit. 36, § 36-956

This is the official text of Okla. Stat. tit. 36, § 36-956, 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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Adverse action based upon credit information -

Official statutory text

Notification to consumer.

If an insurer takes an adverse action based upon credit

information, the insurer shall:

1. Provide notification to the consumer that an adverse action

has been taken, in accordance with the requirements of the federal

Fair Credit Reporting Act, 15 USC 1681m(a); and

2. Provide notification to the consumer explaining the reason

for the adverse action. The reasons must be provided in

sufficiently clear and specific language so that a person can

Oklahoma Statutes - Title 36. Insurance Page 218

identify the basis for the insurer’s decision to take an adverse

action. Such notification shall include a description of up to four

factors that were the primary influences of the adverse action. The

use of generalized terms such as “poor credit history”, “poor credit

rating”, or “poor insurance score” does not meet the explanation

requirements of this subsection. Standardized credit explanations

provided by consumer reporting agencies or other third-party vendors

are deemed to comply with this section.

Status: in_force · Read it on the official government site

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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.