Oklahoma Statutes (Last Updated: September 18, 2014)

§ 36-6470.31.1. Combination of assets.

Latest version.

Notwithstanding the provisions of paragraph 2 of subsection B of Section 6470.29 of Title 36 of the Oklahoma Statutes, a sponsored captive insurance company may combine the assets of two or more protected cells for purposes of investing those assets. Such a combination of assets may not be construed as defeating the segregation of assets required by this act, or for accounting or other purposes.

Added by Laws 2013, c. 41, § 4, eff. Nov. 1, 2013.

                    
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