Oklahoma § 36-335 - Conflicts of interest - Exceptions
Full text of Oklahoma Oklahoma Statutes § 36-335 — Conflicts of interest - Exceptions, with citation guidance and answers to common questions.
§ 36-335. Conflicts of interest - Exceptions
No employee of the Insurance Department shall be financially
interested, directly or indirectly, in any insurer, agency or
insurance transaction except as a policyholder or claimant under a
policy; except, that as to such matters wherein a conflict of
interest does not exist on the part of any such individual, the
Insurance Commissioner may employ from time to time insurance
actuaries or other technicians who are independently practicing
their professions even though similarly employed by insurers and
others. This section shall not be deemed to prohibit employment by
the Insurance Commissioner of retired or pensioned personnel of
insurers or insurance organizations. In addition, this section
shall not be deemed to prohibit employees of the Insurance
Department from investing in mutual funds that may own stock in
insurance companies, or from having an interest in retirement or
pension plans, other than self-directed plans, that may own stock in
insurance companies.
Added by Laws 1957, p. 226, § 335. Amended by Laws 1980, c. 322, §
9, eff. Jan. 1, 1981; Laws 1986, c. 207, § 82, operative July 1,
1986; Laws 1997, c. 418, § 21, eff. Nov. 1, 1997.
Frequently Asked Questions About Oklahoma § 36-335
What does Oklahoma Statutes § 36-335 cover?
Section 36-335 ("Conflicts of interest - Exceptions") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 36-335?
A common citation format is "Oklahoma Statutes § 36-335" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 36-335 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.