Oklahoma Statutes
§ 36-1806 — Limitation on appointments.
Oklahoma·Title 36 Insurance
A.The Insurance Commissioner is hereby prohibited from appointing as supervisor or conservator during any period of supervision or conservatorship: 1. Any current or former officer, director, or employee of the insurer; and 2. Any person who is related to the Commissioner within the third degree of consanguinity or affinity.
B.The Commissioner is hereby prohibited from appointing as attorney for the insurer during any period of supervision or conservatorship: 1. Any current or former officer, director, or employee of the insurer; and 2. Any person who is related to the Commissioner within the third degree of consanguinity or affinity.
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Legislative History
Laws 1975, c. 316, § 6, emerg. eff. June 12, 1975. Amended by Laws 2000, c. 197, § 1, eff. Nov. 1, 2000.
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.