Oklahoma § 36-1605 - Investments in any one person
Full text of Oklahoma Oklahoma Statutes § 36-1605 — Investments in any one person, with citation guidance and answers to common questions.
§ 36-1605. Investments in any one person
An insurer shall not, except with the consent of the Insurance
Commissioner, have at any one time any combination of checking
account moneys, investments in or loans upon the security of the
obligations, property, or securities of any one person, institution,
corporation, or municipal corporation, aggregating an amount
exceeding ten percent (10%) of the insurer's admitted assets. This
Oklahoma Statutes - Title 36. Insurance
restriction shall not apply to investments in or loans upon the
security of general obligations of the United States or any state of
the United States or include policy loans made under Section 1619 of
this title, or investments made under Section 1616 of this title.
Added by Laws 1957, p. 286, § 1605, operative July 1, 1957. Amended
by Laws 1965, c. 123, § 4; Laws 1967, c. 242, § 3, emerg. eff. May
5, 1967; Laws 1984, c. 149, § 6, eff. Nov. 1, 1984; Laws 2018, c.
95, § 5, eff. Nov. 1, 2018.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-1605
What does Oklahoma Statutes § 36-1605 cover?
Section 36-1605 ("Investments in any one person") 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 § 36-1605?
A common citation format is "Oklahoma Statutes § 36-1605" (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 § 36-1605 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.