Oklahoma § 36-1698 - Insurance securitization – Not deemed an insurance or

Full text of Oklahoma Oklahoma Statutes § 36-1698 — Insurance securitization – Not deemed an insurance or, with citation guidance and answers to common questions.

§ 36-1698. Insurance securitization – Not deemed an insurance or

reinsurance contract.

A protected cell company insurance securitization shall not be

deemed to be an insurance or reinsurance contract. An investor in a

protected cell company insurance securitization shall not, by sole

means of this investment, be deemed to be transacting an insurance

business in this state. The underwriters or selling agents and

their partners, directors, officers, members, managers, employees,

agents, representatives and advisors involved in a protected cell

company insurance securitization shall not be deemed to be

conducting an insurance or reinsurance agency, brokerage,

intermediary, advisory or consulting business by virtue of their

activities in connection with those businesses.

Added by Laws 2019, c. 362, § 8, eff. Nov. 1, 2019.

Oklahoma Statutes - Title 36. Insurance

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

Frequently Asked Questions About Oklahoma § 36-1698

What does Oklahoma Statutes § 36-1698 cover?

Section 36-1698 ("Insurance securitization – Not deemed an insurance or") 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 § 36-1698?

A common citation format is "Oklahoma Statutes § 36-1698" (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 § 36-1698 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.