Okla. Stat. tit. 69, § 69-1734
This is the official text of Okla. Stat. tit. 69, § 69-1734, part of Oklahoma’s Stat. tit. 69, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 69,." Browse the sections below, each linked to its official government source.
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Contractors - Solicitation by employees to procure
Official statutory text
insurance or surety bonds.
No officer, consultant, agent, or employee of the Authority and
no person acting or purporting to act on behalf thereof shall, with
respect to any contract, require the contractor or any subcontractor
to make application to or to obtain or procure any of the surety
bonds and any other type of insurance specified in connection with
such contract, or specified by any law, from a particular insurance
or surety company, agent, or broker. This section shall not,
however, prevent the exercise, by such officer or employee, on
behalf of the Authority, of the right to approve the form,
sufficiency, or manner of execution of the surety bonds or other
type of insurance contracts furnished by the insurance or surety
company selected by the contractor or subcontractor to underwrite
the bonds, or other types of insurance contracts. Any provisions in
any invitation for bids, or in any of the contract documents, in
conflict herewith are hereby declared to be contrary to the public
policy of this state. A violation of this section shall constitute
a misdemeanor.
No officer, consultant, agent, or employee of the Authority and
no person acting or purporting to act on behalf thereof shall, with
respect to any contract, require the contractor or any subcontractor
to make application to or to obtain or procure any of the surety
bonds and any other type of insurance specified in connection with
such contract, or specified by any law, from a particular insurance
or surety company, agent, or broker. This section shall not,
however, prevent the exercise, by such officer or employee, on
behalf of the Authority, of the right to approve the form,
sufficiency, or manner of execution of the surety bonds or other
type of insurance contracts furnished by the insurance or surety
company selected by the contractor or subcontractor to underwrite
the bonds, or other types of insurance contracts. Any provisions in
any invitation for bids, or in any of the contract documents, in
conflict herewith are hereby declared to be contrary to the public
policy of this state. A violation of this section shall constitute
a misdemeanor.
Status: in_force · Read it on the official government site
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