§ 85-379. Powers and jurisdiction of CompSource officers.

NOTE:  This section is due to be repealed Jan. 1, 2015, by Laws 2013, c. 254, § 53.

The CompSource Oklahoma President and Chief Executive Officer is hereby vested with full power, authority and jurisdiction over CompSource Oklahoma.  He or she shall perform any duties which are necessary or convenient in the exercise of any power, authority, or jurisdiction over the fund in the administration thereof, or in connection with the insurance business to be carried on by him or her under the provisions of Sections 131 through 151 of this title as fully and completely as a governing body of a private insurance carrier might or could do including the acquisition, operation and maintenance of an electronic data processing facility.

The Board of Managers of CompSource Oklahoma shall have full power and authority to fix and determine the rates to be charged by CompSource Oklahoma for insurance.

Added by Laws 1933, c. 28, p. 59, § 1 (§ 2), eff. July 1, 1933.  Amended by Laws 1937, p. 488, § 4, emerg. eff. May 14, 1937; Laws 1982, c. 271, § 6, operative July 1, 1982; Laws 2002, c. 50, § 9, eff. Nov. 1, 2002.  Renumbered from § 132 of this title by Laws 2011, c. 318, § 88.