Oklahoma § 36-612.2 - Workers' compensation insurance - Required capital and
Full text of Oklahoma Oklahoma Statutes § 36-612.2 — Workers' compensation insurance - Required capital and, with citation guidance and answers to common questions.
§ 36-612.2. Workers' compensation insurance - Required capital and
surplus.
After November 1, 1987, no insurer who requests to write
workers' compensation insurance in this state shall be permitted to
transact the business of workers' compensation insurance in this
Oklahoma Statutes - Title 36. Insurance
state unless the insurer possesses and maintains a surplus as
regards policyholders, as defined in Section 610 of Title 36 of the
Oklahoma Statutes, in excess of Five Million Dollars
($5,000,000.00). Should the surplus as regards policyholders fall
below Five Million Dollars ($5,000,000.00), the insurer shall not be
permitted to write any additional workers' compensation insurance
until the surplus meets the statutory requirements as established in
this section.
Added by Laws 1987, c. 175, § 4, eff. Nov. 1, 1987.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-612.2
What does Oklahoma Statutes § 36-612.2 cover?
Section 36-612.2 ("Workers' compensation insurance - Required capital and") 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 § 36-612.2?
A common citation format is "Oklahoma Statutes § 36-612.2" (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 § 36-612.2 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.