Oklahoma § 36-955 - Disclosure statement
Full text of Oklahoma Oklahoma Statutes § 36-955 — Disclosure statement, with citation guidance and answers to common questions.
§ 36-955. Disclosure statement
A. If an insurer writing personal insurance uses credit
information in underwriting or rating a consumer, the insurer or its
agent shall disclose, either on the insurance application or at the
time the insurance application is taken, that it may obtain credit
information in connection with such application. Such disclosure
shall be either written or provided to an applicant in the same
medium as the application for insurance. The insurer need not
provide the disclosure statement required under this section to any
insured on a renewal policy, if such consumer has previously been
provided a disclosure statement.
B. Use of the following example disclosure statement
constitutes compliance with this section: “In connection with this
application for insurance, we may review your credit report or
obtain or use a credit-based insurance score based on the
information contained in that credit report. We may use a third
party in connection with the development of your insurance score”.
Added by Laws 2003, c. 127, § 6, eff. Nov. 1, 2003.
Frequently Asked Questions About Oklahoma § 36-955
What does Oklahoma Statutes § 36-955 cover?
Section 36-955 ("Disclosure statement") 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 § 36-955?
A common citation format is "Oklahoma Statutes § 36-955" (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 § 36-955 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.