Oklahoma § 36-616 - Issuance or refusal of certificate
Full text of Oklahoma Oklahoma Statutes § 36-616 — Issuance or refusal of certificate, with citation guidance and answers to common questions.
§ 36-616. Issuance or refusal of certificate
A. If upon completion of application the Insurance Commissioner
finds that the insurer has met the requirements for and is entitled
thereto under this Code, he shall issue to the insurer a proper
certificate of authority; if he does not so find, the Insurance
Commissioner shall issue his order refusing such certificate. The
Insurance Commissioner shall not issue a certificate of authority to
any domestic insurer incorporated after January 1, 1970, unless each
of the shareholders of the common capital stock thereof is entitled
at the shareholders meetings to one vote for each share standing in
his name in the books of the corporation. The Insurance
Commissioner shall act upon an application for a certificate of
authority within thirty (30) days after its completion.
B. The certificate, if issued, shall specify the kind or kinds
of insurance the insurer is authorized to transact in Oklahoma. At
the insurer's request, the Insurance Commissioner may issue a
certificate of authority limited to particular types of insurance
included within a kind of insurance as defined in this code.
Laws 1957, p. 234, § 616; Laws 1969, c. 289, § 1; Laws 1970, c. 109,
§ 1, emerg. eff. April 1, 1970.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-616
What does Oklahoma Statutes § 36-616 cover?
Section 36-616 ("Issuance or refusal of certificate") 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 § 36-616?
A common citation format is "Oklahoma Statutes § 36-616" (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 § 36-616 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.