Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 365. Insurance Department |
Chapter 25. Other Licensees |
Subchapter 7. Companies |
Part 7. COMPANIES IN HAZARDOUS FINANCIAL CONDITION |
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.