Oklahoma § 36-2811 - Annual reports to Commissioner; reissuance of

§ 36-2811. Annual reports to Commissioner; reissuance of

certificate; fees.

Every such association shall annually, on or before March first,

render a statement in writing to the Insurance Commissioner, showing

the status of such company at the close of business on December

31st, next preceding; the names and addresses of its officers; the

number of members; amount of insurance in force; the county or

counties wherein property insured is located; the number of losses,

amounts claimed for losses, appraisement of loss, amounts paid to

beneficiaries, amounts collected from members, the percentage of

assessments to the total amount of insurance in force; the amount of

losses due and unpaid, why unpaid; the amount of losses contested,

Oklahoma Statutes - Title 36. Insurance

rejected, resisted or reduced, and why so contested, rejected,

resisted or reduced; and any other information which shall be

required of it by the Insurance Commissioner, which statement shall

be sworn to by the president or vice-president and secretary. Upon

receipt of such annual statement, the Insurance Commissioner shall

annually reissue a certificate to every such association, if, upon

examination he is of the opinion that such association is doing

business in compliance with the provisions of this article. Every

such association may publish once yearly in weekly newspaper of

general circulation in the county of its business and post office

address, the annual certificate issued to it by the Insurance

Commissioner, authorizing it to continue business.

Laws 1957, p. 354, § 2811.