Oklahoma § 36-630 - Failure to make payments timely - Penalties
Full text of Oklahoma Oklahoma Statutes § 36-630 — Failure to make payments timely - Penalties, with citation guidance and answers to common questions.
§ 36-630. Failure to make payments timely - Penalties
Failure to make such payments timely shall subject the insurance
company to a penalty of ten percent (10%) of the tax due and said
tax and penalty shall be further subject to interest at the rate of
six percent (6%) per annum, from the date said payment should have
been paid, until the tax, penalty and interest are paid.
Added by Laws 1971, c. 191, § 2, emerg. eff. June 4, 1971. Amended
by Laws 2004, c. 274, § 5, eff. July 1, 2004.
Oklahoma Statutes - Title 36. Insurance
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-630
What does Oklahoma Statutes § 36-630 cover?
Section 36-630 ("Failure to make payments timely - Penalties") 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 § 36-630?
A common citation format is "Oklahoma Statutes § 36-630" (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 § 36-630 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.