Oklahoma § 36-1101.1 - Domestic surplus line insurers

Full text of Oklahoma Oklahoma Statutes § 36-1101.1 — Domestic surplus line insurers, with citation guidance and answers to common questions.

§ 36-1101.1. Domestic surplus line insurers

A. An Oklahoma domestic insurer possessing policyholder surplus

of at least Fifteen Million Dollars ($15,000,000.00) may, pursuant

to a resolution by its board of directors, and with the written

approval of the Insurance Commissioner, be designated as a domestic

surplus line insurer. Such insurers may write surplus line

insurance in this state and in any other jurisdiction allowed under

the Nonadmitted and Reinsurance Reform Act of 2010.

B. The premiums of a domestic surplus line insurer shall be

subject to surplus line premium tax pursuant to Section 1115 of this

title. The surplus lines broker or licensee shall pay all premium

taxes to the Insurance Commissioner when Oklahoma is the home state

of the insured until and unless in the exercise of his or her sole

discretion and judgment, the Insurance Commissioner decides to join

the Nonadmitted Insurance Multi-State Agreement or any other

multistate agreement or compact with the same function and purpose.

C. A domestic surplus line insurer may not issue a policy

designed to satisfy the motor vehicle financial responsibility

requirement of this state, the Workers' Compensation Code, or any

Oklahoma Statutes - Title 36. Insurance

other law mandating insurance coverage by a licensed insurance

company.

D. A domestic surplus line insurer is not subject to the

provisions of the Oklahoma Property & Casualty Insurance Guaranty

Association Act nor the Oklahoma Life and Health Insurance Guaranty

Association Act.

Added by Laws 2009, c. 176, § 22, eff. Nov. 1, 2009. Amended by

Laws 2011, c. 278, § 8; Laws 2011, c. 360, § 8; Laws 2012, c. 45, §

5, emerg. eff. April 16, 2012; Laws 2012, c. 365, § 1, emerg. eff.

June 8, 2012.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 36-1101.1

What does Oklahoma Statutes § 36-1101.1 cover?

Section 36-1101.1 ("Domestic surplus line insurers") 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 § 36-1101.1?

A common citation format is "Oklahoma Statutes § 36-1101.1" (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 § 36-1101.1 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.