§36-618. Mandatory revocation or suspension.
58 words·~1 min read·
/ok/title-36-insurance/36-618·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Insurance Commissioner shall refuse to renew or shall revoke or suspend an insurer's certificate of authority:
1. If such action is required by any provision of this Code, or
2. If the insurer no longer meets the requirements for the authority originally granted, on account of deficiency in assets or otherwise. Laws 1957, p. 235, § 618.