Oklahoma § 36-2002 - Purpose of act
Full text of Oklahoma Oklahoma Statutes § 36-2002 — Purpose of act, with citation guidance and answers to common questions.
§ 36-2002. Purpose of act
A. The purpose of the Oklahoma Property and Casualty Insurance
Guaranty Association Act is to provide a mechanism for the payment
of covered claims under certain insurance policies, to avoid
excessive delay in payment, and to the extent provided in this act,
minimize financial loss to claimants or policyholders because of the
insolvency of an insurer, and to provide an association to assess
the cost of protection among insurers.
B. The Oklahoma Property and Casualty Insurance Guaranty
Association Act shall be construed to effect the purpose provided
for in subsection A of this section which shall constitute an aid
and guide to interpretation of the Oklahoma Property and Casualty
Insurance Guaranty Association Act.
Added by Laws 1980, c. 362, § 2, emerg. eff. June 27, 1980. Amended
by Laws 2010, c. 159, § 1, eff. Nov. 1, 2010; Laws 2025, c. 366, §
1, eff. Nov. 1, 2025.
Frequently Asked Questions About Oklahoma § 36-2002
What does Oklahoma Statutes § 36-2002 cover?
Section 36-2002 ("Purpose of act") 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 § 36-2002?
A common citation format is "Oklahoma Statutes § 36-2002" (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 § 36-2002 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.