Loading chat...
OK HB1343
Bill
Status
4/22/2013
Primary Sponsor
Mike Brown
Click for details
AI Summary
-
Amends 36 O.S. 2011, Section 607 relating to insurance qualifications to transact insurance in Oklahoma.
-
Exempts insurance companies or entities owned or financially controlled by federally recognized American Indian tribes or nations from the prohibition on issuing certificates of authority or licenses.
-
Previously, no insurance business license could be issued to any entity owned or controlled by another state, foreign government, or political subdivision; tribes are now exempted from this restriction.
-
Becomes effective November 1, 2013.
Legislative Description
Insurance; providing exemption from prohibition from issuing certain insurance license or certificate to certain tribal governments; effective date.
Insurance
Last Action
Approved by Governor 04/22/2013
4/22/2013