Oklahoma § 36-3003 - Application for license; contents; kinds of insurance
Full text of Oklahoma Oklahoma Statutes § 36-3003 — Application for license; contents; kinds of insurance, with citation guidance and answers to common questions.
§ 36-3003. Application for license; contents; kinds of insurance
authorized; financial statement; process.
The attorney shall file with the Insurance Commissioner a
verified application for license setting forth and accompanied by:
1. The name of the attorney or attorneys and the title under
which the business is to be conducted, which title shall contain the
name Lloyds, and shall not be so similar to any name or title in use
in this state as to be likely to confuse or deceive.
2. The location of the principal office.
3. The kind or combination of kinds of insurance to be written,
as defined in Article 7, (Kinds of Insurance; Reinsurance; Limits of
Risk) of this Code.
4. A copy of the form of power of attorney by virtue of which
the attorney is to act for and bind the several underwriters, and a
copy of the articles of agreement entered into between the
underwriters themselves and the attorney.
5. The names and addresses of all underwriters, whose number
shall not be less than three.
6. A financial statement showing in detail the assets
contributed or accumulated in the hands of the attorneys-in-fact,
committee of underwriters, trustees, or other officers of such
underwriters at Lloyd's, together with the liabilities incurred and
outstanding and the income received and disbursements made by the
attorney for the underwriters.
7. An instrument executed by each and all of the underwriters
specially empowering the attorney to accept service of process for
each underwriter in any action on any policy or contract of
insurance, and an instrument from the attorney to the Insurance
Commissioner delegating the attorney's powers in this respect to
such Insurance Commissioner.
Laws 1957, p. 361, § 3003.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-3003
What does Oklahoma Statutes § 36-3003 cover?
Section 36-3003 ("Application for license; contents; kinds of insurance") 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 § 36-3003?
A common citation format is "Oklahoma Statutes § 36-3003" (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 § 36-3003 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.