Oklahoma § 36-3103 Revocation or suspension of Certificate of Authority.

Oklahoma Statutes

§ 36-3103 — Revocation or suspension of Certificate of Authority.

Oklahoma·Title 36 Insurance

The Commissioner may, at any time, for good cause shown and after notice and a public hearing, suspend, revoke or refuse to renew any company's Certificate of Authority, if he finds that any one or more of the following causes or circumstances exist: 1. Any violation of, or noncompliance with, any provision of this act; 2. Obtaining, or attempting to obtain, any Certificate of Authority through misrepresentation or fraud; 3. Fraudulent or dishonest practices; 4. Oral or written misrepresentation of the terms, benefits or privileges of any service contract issued, or to be issued, by it or any other company; 5. Insolvency; 6. Willful solicitation of membership from an individual who is or has been a member of another motor service club by giving said person credit for his years of membershi

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The Commissioner may, at any time, for good cause shown and after notice and a public hearing, suspend, revoke or refuse to renew any company's Certificate of Authority, if he finds that any one or more of the following causes or circumstances exist: 1. Any violation of, or noncompliance with, any provision of this act; 2. Obtaining, or attempting to obtain, any Certificate of Authority through misrepresentation or fraud; 3. Fraudulent or dishonest practices; 4. Oral or written misrepresentation of the terms, benefits or privileges of any service contract issued, or to be issued, by it or any other company; 5. Insolvency; 6. Willful solicitation of membership from an individual who is or has been a member of another motor service club by giving said person credit for his years of membership with the other motor service club; 7. Waiving the enrollment fee or otherwise reducing the usual fees and charges for a new member when soliciting membership from an individual who is or has been a member of another motor service club; or 8. Inability for any reason to qualify for the issuance of a Certificate of Authority as a motor service club.

Oklahoma § 36-3103 (Revocation or suspension of Certificate of Authority.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.