Oklahoma § 36-901.1 - Purposes of act
Full text of Oklahoma Oklahoma Statutes § 36-901.1 — Purposes of act, with citation guidance and answers to common questions.
§ 36-901.1. Purposes of act
A. The purposes of this act are:
1. To promote the public welfare by regulating insurance rates
to the end that they shall not be excessive, inadequate or unfairly
discriminatory;
2. To improve availability, fairness and reliability of
insurance and insurance rates;
3. To authorize essential cooperative action among insurers in
the ratemaking process and to regulate such activity to prevent
practices that tend to substantially lessen competition or to create
a monopoly;
4. To encourage the most efficient and economic marketing
practices; and
5. To encourage the providing of price and other information to
enable consumers to purchase insurance suitable for their needs and
to foster competitive insurance markets.
B. This act shall be liberally construed to effectuate its
purposes.
Added by Laws 1987, c. 210, § 13, eff. July 1, 1987.
Oklahoma Statutes - Title 36. Insurance
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-901.1
What does Oklahoma Statutes § 36-901.1 cover?
Section 36-901.1 ("Purposes of act") 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 § 36-901.1?
A common citation format is "Oklahoma Statutes § 36-901.1" (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 § 36-901.1 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.