Oklahoma Statutes
§ 36-6980 — Authority to increase requirements.
Oklahoma·Title 36 Insurance
The Insurance Commissioner may increase the amounts required under this act for tangible net equity, capital maintained, fidelity bond, and deposit to any amount the Commissioner determines to be appropriate if the Commissioner determines that such an increase is necessary to: 1. Assist the Commissioner in the performance of his or her regulatory duties; 2. Ensure the prepaid vision plan organization complies with the requirements of this act; or 3. Ensure the solvency of the prepaid vision plan organization.
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Oklahoma § 36-6980 (Authority to increase requirements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Laws 2024, c. 360, § 9, emerg. eff. May 30, 2024.
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.