Oklahoma § 36-1512 - Valuation of other securities
Full text of Oklahoma Oklahoma Statutes § 36-1512 — Valuation of other securities, with citation guidance and answers to common questions.
§ 36-1512. Valuation of other securities
A. Securities, other than those referred to in Section 1511 of
this article, held by an insurer shall be valued, in the discretion
of the Insurance Commissioner, at their market value, or at true
book value, all consistent with any current method for the valuation
of any such security formulated or approved by the National
Association of insurance Commissioners.
B. Preferred or guaranteed stocks or shares while paying full
dividends may be carried at a fixed value in lieu of market value,
at the discretion of the Insurance Commissioner and in accordance
with such method of computation as he may approve.
Laws 1957, p. 285, § 1512; Laws 1967, c. 242, § 1, emerg. eff. May
5, 1967.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-1512
What does Oklahoma Statutes § 36-1512 cover?
Section 36-1512 ("Valuation of other securities") 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 § 36-1512?
A common citation format is "Oklahoma Statutes § 36-1512" (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 § 36-1512 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.