§36-6413. Definitions.
113 words·~1 min read·
/ok/title-36-insurance/36-6413·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in the Market Assistance Association Act:
1. "Association" means the Market Assistance Association established pursuant to this act;
2. "Board" means the Board of Directors of the Market Assistance Association;
3. "Commissioner" means the Insurance Commissioner;
4. "Insurer" means any entity licensed to issue homeowners' or homeowners' liability insurance; and
5. "Member" means all insurers licensed in this state for both property and casualty lines of business. These entities are required to be a participant in the Association as a condition of doing business in Oklahoma.
Added by Laws 1986, c. 251, § 46, emerg. eff. June 13, 1986. Amended by Laws 2022, c. 358, § 1, eff. Nov. 1, 2022.