SECTION 365:25-7-41. Purpose  


Latest version.
  • (a)   The purpose of this part is to set forth the standards which the Commissioner may use for identifying insurers found to be in such condition as to render the continuance of their business hazardous to the policyholders, creditors or the general public.
    (b)   This part shall not be interpreted to limit the powers granted the Commissioner by any laws or parts of laws of this state, nor shall this part be interpreted to supersede any laws or parts of laws of this state.
[Source: Added at 9 Ok Reg 2533, eff 6-26-92; Amended at 25 Ok Reg 1660, eff 7-14-08; Amended at 26 Ok Reg 1654, eff 7-14-09]