Oklahoma Statutes
§ 36-1698 — Insurance securitization – Not deemed an insurance or
Oklahoma § 36-1698
JurisdictionOklahoma
Title 36Insurance
This text of Oklahoma § 36-1698 (Insurance securitization – Not deemed an insurance or) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Okla. Stat. tit. 36, § 36-1698 (2026).
Text
reinsurance contract. A protected cell company insurance securitization shall not be deemed to be an insurance or reinsurance contract. An investor in a protected cell company insurance securitization shall not, by sole means of this investment, be deemed to be transacting an insurance business in this state. The underwriters or selling agents and their partners, directors, officers, members, managers, employees, agents, representatives and advisors involved in a protected cell company insurance securitization shall not be deemed to be conducting an insurance or reinsurance agency, brokerage, intermediary, advisory or consulting business by virtue of their activities in connection with those businesses.
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Legislative History
Added by Laws 2019, c. 362, § 8, eff. Nov. 1, 2019.
Nearby Sections
15
§ 36-1001
Judicial review.§ 36-101
Short title.§ 36-102
"Insurance" defined.§ 36-103
"Insurer" defined.§ 36-104
"Person" defined.§ 36-105
"Transacting" insurance.§ 36-107
"Board" defined.§ 36-108
"Insurance Department" defined.§ 36-109
Compliance required.§ 36-1100
Short title - Purpose and effect.§ 36-1100.1
Definitions.§ 36-1100.2
Authority to enter multistate agreements.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 36-1698, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/36/36-1698.