Oklahoma Statutes
§ 36-2206 — Minimum reserves and surplus.
Oklahoma·Title 36 Insurance
The total of the reserves and surplus of a trust organized under the Oklahoma Medical Professional Liability Trusts Act, in excess of the amount necessary to support the trust’s retention, must equal or exceed forty percent (40%) of a range of values that makes reasonable provision for losses and loss expenses.
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Legislative History
Added by Laws 2004, c. 368, § 63, eff. July 1, 2004.
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.