Oklahoma § 36-6417 - Annual statement - Examination of Accounts, etc. - Report

Full text of Oklahoma Oklahoma Statutes § 36-6417 — Annual statement - Examination of Accounts, etc. - Report, with citation guidance and answers to common questions.

§ 36-6417. Annual statement - Examination of Accounts, etc. - Report

to members.

A. The Association shall submit to the Insurance Commissioner,

annually, from the date of its inception, a statement prepared by an

independent certified public accountant which shall contain

information with respect to its transactions, condition, operations,

and affairs during the preceding calendar year. The statement shall

contain such matters and information as are prescribed and shall be

in such form as is approved by the Commissioner. The Commissioner

may, at any time, require the Association to furnish additional

information with respect to its transactions, condition, operations,

and affairs, or any matter connected therewith considered to be

material and of assistance in evaluating the scope, operation and

experience of the Association.

B. The books of account, records, reports and other documents

of the Association shall be open and free for examination to the

Commissioner at all reasonable times.

C. The books of account, records, reports and other documents

of the Association shall be open to inspection by the members at

such times and under such conditions and regulations as the Board

shall determine.

D. The Association shall provide for the making of detailed

reports of liability approved or canceled, for the drawing up of

annual budgets of the Association and for the rendering of accounts

to each Board member at least every twelve (12) months.

Added by Laws 1986, c. 251, § 50, emerg. eff. June 13, 1986.

Amended by Laws 2022, c. 358, § 4, eff. Nov. 1, 2022.

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

Frequently Asked Questions About Oklahoma § 36-6417

What does Oklahoma Statutes § 36-6417 cover?

Section 36-6417 ("Annual statement - Examination of Accounts, etc. - Report") 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 § 36-6417?

A common citation format is "Oklahoma Statutes § 36-6417" (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 § 36-6417 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.