Oklahoma § 36-1435.14 - Payment or acceptance of commission, service fee,
Full text of Oklahoma Oklahoma Statutes § 36-1435.14 — Payment or acceptance of commission, service fee,, with citation guidance and answers to common questions.
§ 36-1435.14. Payment or acceptance of commission, service fee,
brokerage or other valuable consideration – Recipient to be
licensed.
A. An insurance company or insurance producer shall not pay a
commission, service fee, brokerage or other valuable consideration
to a person for selling, soliciting or negotiating insurance in this
state if that person is required to be licensed under this act and
is not so licensed.
Oklahoma Statutes - Title 36. Insurance
B. A person shall not accept a commission, service fee,
brokerage or other valuable consideration for selling, soliciting or
negotiating insurance in this state if that person is required to be
licensed under this act and is not so licensed.
C. Renewal or other deferred commissions may be paid to a
person for selling, soliciting or negotiating insurance in this
state if the person was required to be licensed under this act at
the time of the sale, solicitation or negotiation and was so
licensed at that time.
D. An insurer or insurance producer may pay or assign
commissions, service fees, brokerages or other valuable
consideration to an insurance agency or to persons who do not sell,
solicit or negotiate insurance in this state, unless the payment
would violate Section 1204 of Title 36 of the Oklahoma Statutes.
Added by Laws 2001, c. 156, § 14, eff. Nov. 1, 2001.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-1435.14
What does Oklahoma Statutes § 36-1435.14 cover?
Section 36-1435.14 ("Payment or acceptance of commission, service fee,") 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 § 36-1435.14?
A common citation format is "Oklahoma Statutes § 36-1435.14" (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 § 36-1435.14 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.