Oklahoma § 36-613.1 - Surety bond or other security arrangement required

Full text of Oklahoma Oklahoma Statutes § 36-613.1 — Surety bond or other security arrangement required, with citation guidance and answers to common questions.

§ 36-613.1. Surety bond or other security arrangement required

Any insurance company transacting the business of property and

casualty insurance in this state shall not be issued a new or

renewal certificate of approval unless the company has provided a

corporate surety bond or approved alternative security arrangement

in an amount determined by the State Insurance Commissioner to be

sufficient to provide for the return of unearned premiums if a

policy is canceled during the term thereof by an insurance company.

The State Insurance Commissioner shall promulgate rules and

regulations to implement and carry out the provisions of this

section.

Added by Laws 1986, c. 134, § 1, emerg. eff. April 17, 1986.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 36-613.1

What does Oklahoma Statutes § 36-613.1 cover?

Section 36-613.1 ("Surety bond or other security arrangement required") 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 § 36-613.1?

A common citation format is "Oklahoma Statutes § 36-613.1" (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 § 36-613.1 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.