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2020 Oklahoma Statutes
Title 36. Insurance
§36-3303. Risk management framework.
Universal Citation: 36 OK Stat § 36-3303 (2020)
An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on its material and relevant risks. This requirement may be satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.
Added by Laws 2015, c. 228, § 3, eff. Jan. 1, 2016.
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