Okla. Stat. tit. 42, § 42-45
This is the official text of Okla. Stat. tit. 42, § 42-45, part of Oklahoma’s Stat. tit. 42, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 42,." Browse the sections below, each linked to its official government source.
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Insurance agent's lien
Official statutory text
A. Every insurance agent licensed as such under the laws of
this state who shall pay the premium on any policy of insurance to
an insurer for and on behalf of any person to whom such policy is
issued shall have a lien upon all refunds, proceeds or other funds
payable to the insured under the provisions of such policy for all
sums due the agent for the premium on any policy of insurance
procured by the agent for the insured.
B. No such lien shall be effective unless a written statement
setting forth the amount claimed, identifying the insurance policy
or policies against which the lien is asserted, and containing the
name and address of the insured, the insurer, and the agent shall be
filed in the office of the county clerk of the county in which the
insured resides or has its principal place of business. The
statement shall be signed by the insurance agent and verified by
affidavit. The statement shall be recorded by the county clerk on
the mechanics and materialman's lien docket.
C. Immediately upon filing the lien statement, the insurance
agent shall mail, by certified or registered mail, postage prepaid,
a copy of such statement with a statement of the date of filing
thereof to the insured and the insurer at the address indicated for
each on the insurance policy or policies against which the lien is
asserted or at their last-known address if a later address is known.
D. Upon receipt of a copy of such lien statement the insurer or
insurers named in the statement shall withhold from any sums
thereafter payable to the insured under the provisions of any policy
identified in the statement an amount equal to the claim of the
insurance agent until the lien is released or otherwise discharged
in proceedings to enforce the lien.
this state who shall pay the premium on any policy of insurance to
an insurer for and on behalf of any person to whom such policy is
issued shall have a lien upon all refunds, proceeds or other funds
payable to the insured under the provisions of such policy for all
sums due the agent for the premium on any policy of insurance
procured by the agent for the insured.
B. No such lien shall be effective unless a written statement
setting forth the amount claimed, identifying the insurance policy
or policies against which the lien is asserted, and containing the
name and address of the insured, the insurer, and the agent shall be
filed in the office of the county clerk of the county in which the
insured resides or has its principal place of business. The
statement shall be signed by the insurance agent and verified by
affidavit. The statement shall be recorded by the county clerk on
the mechanics and materialman's lien docket.
C. Immediately upon filing the lien statement, the insurance
agent shall mail, by certified or registered mail, postage prepaid,
a copy of such statement with a statement of the date of filing
thereof to the insured and the insurer at the address indicated for
each on the insurance policy or policies against which the lien is
asserted or at their last-known address if a later address is known.
D. Upon receipt of a copy of such lien statement the insurer or
insurers named in the statement shall withhold from any sums
thereafter payable to the insured under the provisions of any policy
identified in the statement an amount equal to the claim of the
insurance agent until the lien is released or otherwise discharged
in proceedings to enforce the lien.
Status: in_force · Read it on the official government site
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