Okla. Admin. Code § 365:10-5-170

Current through Vol. 42, No. 7, December 16, 2024

Section 365:10-5-170 - Purpose

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."

Okla. Admin. Code § 365:10-5-170

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