Oklahoma Statutes (Last Updated: September 18, 2014)

§ 36-3011. Deposit required of foreign Lloyd's in home state as condition to permit.

Latest version.

In case underwriters at a Lloyd's who are nonresidents of Oklahoma, or who maintain their principal office outside of Oklahoma, apply to the Insurance Commissioner for a permit to do business in Oklahoma, such permit shall not be granted unless such underwriters have on deposit with the Insurance Commissioner of their home states net assets in the amount of at least Two Hundred Thousand Dollars ($200,000.00).

Laws 1957, p. 362, § 3011.

                    
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