Oklahoma § 36-2003 - Application of act

Full text of Oklahoma Oklahoma Statutes § 36-2003 — Application of act, with citation guidance and answers to common questions.

§ 36-2003. Application of act

The Oklahoma Property and Casualty Insurance Guaranty

Association Act shall apply to all kinds of direct insurance, but

shall not be applicable to the following:

1. Life, annuity, health, or disability insurance;

2. Ocean marine insurance;

3. Fidelity or surety bonds, or any other bonding obligations;

4. Title, as defined in Sections 702, 703, 705, 708 and 709 of

this title, mortgage or financial guaranty insurance or other forms

of insurance offering protection against investment risks;

5. Credit insurance, insurance of warranties or service

contracts, annuities, vendors single interest insurance, collateral

protection insurance;

6. Any transaction or combination of transactions between a

person, including affiliates of the person, and an insurer,

including affiliates of the insurer, which involves the transfer of

investment or credit risk unaccompanied by transfer of insurance

risk; and

7. Any insurance provided by or guaranteed by a government.

Added by Laws 1980, c. 362, § 3, emerg. eff. June 27, 1980. Amended

by Laws 1985, c. 328, § 14, emerg. eff. July 29, 1985; Laws 1986, c.

251, § 29, eff. Nov. 1, 1986; Laws 1994, c. 22, § 4, eff. Sept. 1,

1994; Laws 2010, c. 159, § 2, eff. Nov. 1, 2010; Laws 2025, c. 366,

§ 2, eff. Nov. 1, 2025.

Frequently Asked Questions About Oklahoma § 36-2003

What does Oklahoma Statutes § 36-2003 cover?

Section 36-2003 ("Application 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 § 36-2003?

A common citation format is "Oklahoma Statutes § 36-2003" (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 § 36-2003 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.