Current through Laws 2024, c. 453.
Section 1435.23 - License fees - Collection by CommissionerA. All applications shall be accompanied by the applicable fees. An appointment may be deemed by the Commissioner to have terminated upon failure by the insurer to pay the prescribed renewal fee. The Commissioner may also by order impose a civil penalty equal to double the amount of the unpaid renewal fee. The Insurance Commissioner shall collect in advance the following fees and licenses: 1. For filing appointment of Insurance Commissioner as agent for service of process..... $ 20.002. Miscellaneous: a. Insurance producer's study manual: (1) Life, Accident & Health.......... not to exceed $ 40.00(2) Property and Casualty............ not to exceed $ 40.00b. For filing organizational documents of an entity applying for a license as an insurance producer.......................... $ 20.003. Examination for license: For each examination covering laws and one or more lines of insurance.... not to exceed $100.00
4. Licenses: a. Insurance producer's biennial license....... $ 60.00b. Nonresident insurance producer's biennial license............................ $100.00c. Insurance producer's biennial license for sale or solicitation of variable insurance products.......................... $ 60.00d. Limited lines producer biennial license..... $ 40.00e. Nonresident limited lines producer biennial license............................ $100.00f.(1) Car rental limited lines biennial license, one or two locations, resident or nonresident................ $ 40.00(2) Car rental limited lines biennial license, three or more locations, resident or nonresident................ $500.00g. Temporary license as agent.................. $ 20.00h. Managing general agent's biennial license..................................... $ 60.00i. Surplus lines broker's biennial license..... $100.00j. Insurance vending machine, each machine, biennial fee................................ $100.005. Annual fee for each appointed insurance producer, managing general agent, or limited lines producer by insurer, each license of each insurance producer or representative......... $30.006. Renewal fee for all licenses shall be the same as the current initial license fee.7. The fee for a duplicate license shall be one-half (1/2) the fee of an original license.8. The renewal of a license shall require a fee of double the current original license fee if the application for renewal is late, or incomplete on the renewal deadline.9. The administrative fee for submission of a change of legal name or address more than thirty (30) days after the change occurred shall be Fifty Dollars ($50.00).B. If for any reason an insurance producer license or appointment is not issued or renewed by the Commissioner, all fees accompanying the appointment or application for the license shall be deemed earned and shall not be refundable except as provided in Section 352 of this title.C. The Insurance Commissioner, by order, may waive licensing fees in extraordinary circumstances for a class of producers where the Commissioner deems that the public interest will be best served.Okla. Stat. tit. 36, § 1435.23
Amended by Laws 2022 , c. 225, s. 5, eff. 11/1/2022.Amended by Laws 2013 , c. 224, s. 2, eff. 11/1/2013.Added by Laws 1980, HB 1695, c. 164, § 5, emerg. eff. 4/15/1980; Amended by Laws 1981, HB 1286, c. 230, § 3, emerg. eff. 6/22/1981; Amended by Laws 1982, HB 1839, c. 221, § 2, eff. 10/1/1982; Amended by Laws 1983, HB 1210, c. 90, § 3, emerg. eff. 5/9/1983; Amended by Laws 1983, HB 1266, c. 248, § 6, emerg. eff. 6/21/1983; Amended by Laws 1984, HB 1754, c. 173, § 3, emerg. eff. 5/7/1984; Amended by Laws 1984, SB 377, c. 215, § 4, eff. 6/30/1984; Amended by Laws 1985, HB 1219, c. 179, § 96, eff. 7/1/1985; Amended by Laws 1985, HB 1364, c. 258, § 2, eff. 11/1/1985; Amended by Laws 1987, SB 61, c. 208, § 73, eff. 7/1/1987; Amended by Laws 1987, HB 1473, c. 236, § 90, emerg. eff. 7/20/1987; Amended by Laws 1988, SB 480, c. 116, § 3, eff. 11/1/1988; Amended by Laws 1988, SB 626, c. 204, § 2, eff. 7/1/1988; Amended by Laws 1993, HB 1831, c. 270, § 38, eff. 9/1/1993; Amended by Laws 1994, SB 821, c. 337, § 1, eff. 9/1/1994; Amended by Laws 1995, HB 1012, c. 1, § 11, emerg. eff. 3/2/1995; Amended by Laws 1996, HB 2553, c. 246, § 4, emerg. eff. 7/1/1996; Amended by Laws 1994, SB 915, c. 272, § 4 (repealed by Laws 1995, HB 1012, c. 1, § 40, emerg. eff. 3/2/1995); Amended by Laws 1994, SB 772, c. 294, § 2 (repealed by Laws 1995, HB 1012, c. 1, § 40, emerg. eff. 3/2/1995); Amended by Laws 1997, HB 1213, c. 133, § 447 (effective date amended to July 1, 1999, by Laws 1998, 1st Extr. Sess., HB 1002, c. 2, §§ 23-26, emerg. eff. 6/19/1998) (repealed by Laws 1999, 1st. Extr. Sess., HB 1009, c. 5, § 452, emerg. eff. 7/1/1999); Amended by Laws 1997, SB 327, c. 418, § 69, eff. 11/1/1997; Amended by Laws 2001 , HB 1952, c. 156, §23, eff. 11/1/2001; Renumbered from 36 O.S. § 1425 by Laws 2001 , HB 1952, c. 156, §35, eff. 11/1/2001; Amended by Laws 2002 , HB 2911, c. 307, §19, eff. 11/1/2002; Amended by Laws 2006 , HB 2905, c. 264, §47, emerg. eff. 7/1/2006; Amended by Laws 2007 , HB 1960, c. 125, §14, emerg. eff. 7/1/2007; Amended by Laws 2008 , SB 2122, c. 184, §13, emerg. eff. 7/1/2008; Amended by Laws 2009 , SB 1022, c. 176, §29, eff. 11/1/2009; Amended by Laws 2009 , HB 1275, c. 432, §12, emerg. eff. 7/1/2009; Amended by Laws 2011 , HB 1243, c. 293, §5, emerg. eff. 6/20/2011; Amended by Laws 2011 , SB 965, c. 242, §5; Amended by Laws 2011 , SB 778, c. 278, §24; Amended by Laws 2011 , HB 2072, c. 360, §23.