Oklahoma § 36-1804 - Appointment of supervisor - Acts prohibited - Additional

Full text of Oklahoma Oklahoma Statutes § 36-1804 — Appointment of supervisor - Acts prohibited - Additional, with citation guidance and answers to common questions.

§ 36-1804. Appointment of supervisor - Acts prohibited - Additional

requirements.

A. During any period of supervision, the Commissioner may

appoint a supervisor for such insurer and provide that the insurer

may not do any of the following things without the prior approval of

the Commissioner or his supervisor:

1. Dispose, convey or encumber any of its assets or its

business in force;

2. Withdraw funds from bank accounts;

3. Lend funds;

4. Invest funds;

5. Transfer property;

6. Incur any debt, obligation or liability;

7. Merge or consolidate with another company; or

8. Enter into any new reinsurance contract or treaty.

B. In addition, the Commissioner may require of the insurer,

the following:

1. Periodic actuarial reviews;

2. That the insurer limit or cease writing certain lines of

insurance.

Amended by Laws 1986, c. 251, § 28, eff. Nov. 1, 1986.

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

Frequently Asked Questions About Oklahoma § 36-1804

What does Oklahoma Statutes § 36-1804 cover?

Section 36-1804 ("Appointment of supervisor - Acts prohibited - Additional") 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 § 36-1804?

A common citation format is "Oklahoma Statutes § 36-1804" (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 § 36-1804 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.