Okla. Stat. tit. 36 § 309.1

Current through Laws 2024, c. 453.

Section 309.1 - Examinations - Definitions

As used in Sections 309.1 through 309.7 of this title:

1. "Commissioner" means the Insurance Commissioner;

2. "Company" means any person engaging in or proposing or attempting to engage in any transaction or kind of insurance or surety business and any person or group of persons who may otherwise be subject to the administrative or regulatory authority of the Commissioner;

3. "Department" means the Insurance Department;

4. "Examiner" means any individual or firm having been authorized by the Commissioner to conduct an examination;

5. "Insurer" means every person engaged in the business of making contracts of insurance or indemnity including not-for-profit hospital service and medical indemnity corporations; and

6. "Person" means any individual, aggregation of individuals, trust, association, recognized legal entity, or any affiliate thereof.

Okla. Stat. tit. 36, § 309.1

Added by Laws 1991, SB 170, c. 204, § 1, eff. 9/1/1991; Amended by Laws 1997, SB 327, c. 418, § 7, eff. 11/1/1997.