§36-3011. Deposit required of foreign Lloyd's in home state as
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/ok/title-36-insurance/36-3011·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
condition to permit.
In case underwriters at a Lloyd's who are nonresidents of Oklahoma, or who maintain their principal office outside of Oklahoma, apply to the Insurance Commissioner for a permit to do business in Oklahoma, such permit shall not be granted unless such underwriters have on deposit with the Insurance Commissioner of their home states net assets in the amount of at least Two Hundred Thousand Dollars ($200,000.00). Laws 1957, p. 362, § 3011.