Oklahoma § 36-6421 - Dissolution of Association - Reimplementation

Full text of Oklahoma Oklahoma Statutes § 36-6421 — Dissolution of Association - Reimplementation, with citation guidance and answers to common questions.

§ 36-6421. Dissolution of Association - Reimplementation

If at any time after the provisions of this act are implemented,

either by voluntary plan or as otherwise provided for herein, the

State Insurance Commissioner would determine by written order that

there was no further need for such Association, then the same would

be dissolved. Provided however, that if such Association were

dissolved, and then the State Insurance Commissioner determined at a

later time there existed a need for such Association, the

Commissioner of Insurance would then proceed according to the

provisions of Section 53 of this act, and that section would again

be applicable at that time.

If the Commissioner makes such a determination to reimplement

the Association, he will give the companies involved ninety (90)

days to comply, and if they fail to do so, then Sections 47 through

55 of this act would be applicable.

Added by Laws 1986, c. 251, § 54, emerg. eff. June 13, 1986.

Frequently Asked Questions About Oklahoma § 36-6421

What does Oklahoma Statutes § 36-6421 cover?

Section 36-6421 ("Dissolution of Association - Reimplementation") 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 § 36-6421?

A common citation format is "Oklahoma Statutes § 36-6421" (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 § 36-6421 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.