Oklahoma § 36-660.9 - Proposed reorganization plan — Commissioner review as
Full text of Oklahoma Oklahoma Statutes § 36-660.9 — Proposed reorganization plan — Commissioner review as, with citation guidance and answers to common questions.
§ 36-660.9. Proposed reorganization plan — Commissioner review as
alternate conversion plan.
A. The Oklahoma Insurance Commissioner shall review the
proposed plan of reorganization as an alternate conversion plan.
The Commissioner may require as a condition of approval
modifications of the proposed plan of reorganization that the
Commissioner determines necessary to protect the members' interests.
B. The Commissioner may retain at the mutual insurance
company's expense, a qualified expert who is not a member of the
Commissioner's staff to assist the Commissioner in reviewing the
conversion plan and the valuation. If the Commissioner retains a
qualified expert under this subsection, the Commissioner may extend
the period for decision by an additional sixty (60) days beyond the
initial sixty-day period.
C. The Commissioner has jurisdiction over a mutual holding
company organized under this act to ensure that member interests are
protected.
Added by Laws 2024, c. 194, § 9, eff. Nov. 1, 2024.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-660.9
What does Oklahoma Statutes § 36-660.9 cover?
Section 36-660.9 ("Proposed reorganization plan — Commissioner review as") 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 § 36-660.9?
A common citation format is "Oklahoma Statutes § 36-660.9" (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 § 36-660.9 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.