2016 Oklahoma Statutes
Title 36. Insurance
§36-3005. Assets required as condition precedent.

36 OK Stat § 36-3005 (2016) What's This?

No attorney shall be licensed for the underwriters at a Lloyd's under this Code unless the net assets, including the guaranty fund contributed to the attorney, a committee of underwriters, trustees, or other officers as provided for in the articles of agreement, shall be at least Two Hundred Thousand Dollars ($200,000.00) in cash, or other admitted assets.

Laws 1957, p. 361, § 3005.

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