Oklahoma § 36-660.13 - Foreign mutual insurance company — Reorganization
Full text of Oklahoma Oklahoma Statutes § 36-660.13 — Foreign mutual insurance company — Reorganization, with citation guidance and answers to common questions.
§ 36-660.13. Foreign mutual insurance company — Reorganization
requirements.
A. On the approval of the Oklahoma Insurance Commissioner, a
foreign mutual insurance company may reorganize in compliance with
the requirements of any law or regulation applicable to the foreign
mutual insurance company by:
1. Transferring its members' membership interests into a mutual
holding company formed under a procedure analogous to that described
by this act; and
2. Continuing the corporate existence of the reorganizing
foreign mutual insurance company as a foreign stock insurance
company subsidiary of the mutual holding company.
B. The reorganizing foreign mutual insurance company may remain
a foreign company and may be admitted to do business in this state.
A foreign mutual insurance company may also redomesticate in this
state by complying with the applicable requirements of Section 606.1
of Title 36 of the Oklahoma Statutes.
Added by Laws 2024, c. 194, § 13, eff. Nov. 1, 2024.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-660.13
What does Oklahoma Statutes § 36-660.13 cover?
Section 36-660.13 ("Foreign mutual insurance company — Reorganization") 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 § 36-660.13?
A common citation format is "Oklahoma Statutes § 36-660.13" (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 § 36-660.13 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.