Oklahoma § 15-141.15 - Examinations of service warranty associations
Full text of Oklahoma Oklahoma Statutes § 15-141.15 — Examinations of service warranty associations, with citation guidance and answers to common questions.
§ 15-141.15. Examinations of service warranty associations
A. Service warranty associations licensed pursuant to the
Service Warranty Act are subject to periodic examination by the
Insurance Commissioner, in the same manner and subject to the same
terms and conditions that apply to insurers.
B. The Commissioner is not required to examine an association
that has less than Twenty Thousand Dollars ($20,000.00) in gross
written provider fees as reflected in its most recent annual
financial statement. The Commissioner may examine such an
association if the Commissioner has reason to believe that the
association may be in violation of the Service Warranty Act or is
otherwise in an unsound financial condition. If the Commissioner
examines such an association, the examination fee shall not exceed
Oklahoma Statutes - Title 15. Contracts
five percent (5%) of the gross written provider fees of the
association.
Added by Laws 2012, c. 150, § 15, eff. Nov. 1, 2012. Amended by
Laws 2018, c. 234, § 6, eff. Nov. 1, 2018.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 15-141.15
What does Oklahoma Statutes § 15-141.15 cover?
Section 15-141.15 ("Examinations of service warranty associations") 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 § 15-141.15?
A common citation format is "Oklahoma Statutes § 15-141.15" (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 § 15-141.15 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.