SECTION 365:10-5-170. Purpose

Latest version.

  The purpose of this regulation is to prescribe:
(1)   Requirements for statements of actuarial opinion which are to be submitted in accordance with Section 4061 of the Oklahoma Insurance Code, and for memoranda in support thereof;
(2)   Rules applicable to the appointment of an appointed actuary; and
(3)   Guidance as to the meaning of "adequacy of reserve."

[Source: Added at 15 Ok Reg 435, eff 10-9-97 (emergency); Added at 15 Ok Reg 1384, eff 7-1-98; Amended at 23 Ok Reg 2672, eff 7-14-06]

                    
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