Oklahoma § 36-1936 - Restrictions on insurers subject to delinquency
Full text of Oklahoma Oklahoma Statutes § 36-1936 — Restrictions on insurers subject to delinquency, with citation guidance and answers to common questions.
§ 36-1936. Restrictions on insurers subject to delinquency
proceedings.
No insurer that is subject to any delinquency proceeding,
whether formal or informal, administrative or judicial, shall:
1. be released from such proceeding, unless such proceeding is
converted into a judicial rehabilitation or liquidation proceeding;
2. be permitted to solicit or accept new business or request or
accept the restoration of any suspended or revoked license or
certificate of authority;
3. be returned to the control of its shareholders or private
management; or
4. have any of its assets returned to the control of its
shareholders or private management;
until all payments of or on account of the insurer's contractual
obligations by all guaranty associations, along with all expenses
thereof and interest on all such payments and expenses, shall have
been repaid to the guaranty associations or a plan of repayment by
the insurer shall have been approved by the guaranty associations.
Added by Laws 1987, c. 177, § 9, eff. Nov. 1, 1987.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-1936
What does Oklahoma Statutes § 36-1936 cover?
Section 36-1936 ("Restrictions on insurers subject to delinquency") 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 § 36-1936?
A common citation format is "Oklahoma Statutes § 36-1936" (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 § 36-1936 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.