Oklahoma § 36-1473 - Agent license - Bond - Errors and omissions policy

Full text of Oklahoma Oklahoma Statutes § 36-1473 — Agent license - Bond - Errors and omissions policy, with citation guidance and answers to common questions.

§ 36-1473. Agent license - Bond - Errors and omissions policy

A. No person shall act in the capacity of a managing general

agent with respect to risks located in this state for an insurer

unless such person is licensed as a producer pursuant to the

Oklahoma Producer Licensing Act.

B. No person shall act in the capacity of a managing general

agent, representing an insurer domiciled in this state with respect

to risks located outside this state, unless such person is licensed

as a producer pursuant to the Oklahoma Producer Licensing Act.

Provided, such license may be a nonresident license.

C. The Insurance Commissioner may require a bond in the amount

acceptable to the Commissioner for the protection of the insurer.

D. The Insurance Commissioner may require the managing general

agent to maintain an errors and omissions policy.

Added by Laws 1991, c. 134, § 3, eff. July 1, 1991. Amended by Laws

2012, c. 44, § 4, eff. Nov. 1, 2012.

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

Frequently Asked Questions About Oklahoma § 36-1473

What does Oklahoma Statutes § 36-1473 cover?

Section 36-1473 ("Agent license - Bond - Errors and omissions policy") 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 § 36-1473?

A common citation format is "Oklahoma Statutes § 36-1473" (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 § 36-1473 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.