Oklahoma § 36-307.6
Full text of Oklahoma Oklahoma Statutes § 36-307.6, with citation guidance and answers to common questions.
§ 36-307.6.
Fund.
Insurance Department Pharmacy Benefits Manager Revolving
Oklahoma Statutes - Title 36. Insurance
A. There is hereby created in the State Treasury a revolving
fund for the Insurance Department, to be designated the "Insurance
Department Pharmacy Benefits Manager Revolving Fund". The fund
shall be a continuing fund, not subject to fiscal year limitation,
and shall consist of any monies deposited to the fund as provided in
subsection B of this section. All monies accruing to the credit of
the fund are hereby appropriated and may be budgeted and expended by
the Department for the purpose of licensing, regulating and
investigating abuse, negligence, criminal conduct, or other
violations of insurance laws and regulations, and ensuring
compliance with the same. Warrants for expenditures from the
revolving fund shall be drawn by the State Treasurer, based on
claims signed by an authorized employee or employees of the
Insurance Department, and filed with the Director of the Office of
Management and Enterprise Services.
B. The Department shall deposit all the monies obtained from
the licensure and regulation of pharmacy benefits managers
including, but not limited to, any fees, fines, settlement or
consent order proceeds, or other penalties assessed and collected
into the Insurance Department Pharmacy Benefits Manager Revolving
Fund created in subsection A of this act.
Added by Laws 2022, c. 6, § 1, emerg. eff. March 14, 2022. Amended
by Laws 2022, c. 67, § 1, emerg. eff. April 25, 2022.
Frequently Asked Questions About Oklahoma § 36-307.6
What does Oklahoma Statutes § 36-307.6 cover?
Section 36-307.6 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 § 36-307.6?
A common citation format is "Oklahoma Statutes § 36-307.6" (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 § 36-307.6 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.