Oklahoma § 36-1706 - Excess deposits
Full text of Oklahoma Oklahoma Statutes § 36-1706 — Excess deposits, with citation guidance and answers to common questions.
§ 36-1706. Excess deposits
An insurer may so deposit cash or eligible securities in an
amount exceeding its deposit required or otherwise permitted under
this Code, for the purpose of absorbing fluctuations in the value of
securities held in its deposit, and to facilitate the exchange and
substitution of securities deposited. During the solvency of the
insurer any such excess deposit or part thereof shall be released to
the insurer upon its request. During the insolvency of the insurer
such excess deposit shall be released only as provided in Section
1707 of this article.
Amended by Laws 1985, c. 328, § 11, emerg. eff. July 29, 1985.
Oklahoma Statutes - Title 36. Insurance
Frequently Asked Questions About Oklahoma § 36-1706
What does Oklahoma Statutes § 36-1706 cover?
Section 36-1706 ("Excess deposits") 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 § 36-1706?
A common citation format is "Oklahoma Statutes § 36-1706" (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 § 36-1706 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.