Oklahoma § 36-2042 - Stay of other proceedings - Judgments may be set aside
Full text of Oklahoma Oklahoma Statutes § 36-2042 — Stay of other proceedings - Judgments may be set aside, with citation guidance and answers to common questions.
§ 36-2042. Stay of other proceedings - Judgments may be set aside
All proceedings in which the insolvent insurer is a party in any
court in this state shall be stayed one hundred eighty (180) days
from the date an order of liquidation, rehabilitation or
conservation is final to permit proper legal action by the Oklahoma
Life and Health Insurance Guaranty Association on any matters
germane to its powers or duties. As to judgment under any decision,
order, verdict or finding based on default, the Association may
apply to have the judgment set aside by the same court that made the
judgment and shall be permitted to defend against the suit on the
merits.
Added by Laws 1981, c. 133, § 22. Amended by Laws 2010, c. 145, §
6, eff. Nov. 1, 2010.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-2042
What does Oklahoma Statutes § 36-2042 cover?
Section 36-2042 ("Stay of other proceedings - Judgments may be set aside") 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 § 36-2042?
A common citation format is "Oklahoma Statutes § 36-2042" (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 § 36-2042 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.