SECTION 260:70-1-5. Responsibilities and duties

  The Administrator is responsible for the acquisition and administration of all insurance purchased by the state or administration of any self-insurance plans and programs adopted for use by the state. On a competitive bid basis, the Administrator has the authority to purchase insurance for the state for any type of coverage which may be necessary to protect the state from financial loss. The Administrator is also empowered to provide insurance acquisition services or self-insurance program administrative services for certain organizations and bodies outside of state government, at the sole expense of such organizations and bodies, as provided by law.

[Source: Added at 31 Ok Reg 1467, eff 9-12-14]