Oklahoma Statutes
§ 36-3005 — Assets required as condition precedent.
Oklahoma § 36-3005
JurisdictionOklahoma
Title 36Insurance
This text of Oklahoma § 36-3005 (Assets required as condition precedent.) 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, § 36-3005 (2026).
Text
No attorney shall be licensed for the underwriters at a Lloyd's under this Code unless the net assets, including the guaranty fund contributed to the attorney, a committee of underwriters, trustees, or other officers as provided for in the articles of agreement, shall be at least Two Hundred Thousand Dollars ($200,000.00) in cash, or other admitted assets.
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Legislative History
Laws 1957, p. 361, § 3005.
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 § 36-3005, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/36/36-3005.