Oklahoma Statutes Citationized
Title 36. Insurance
Chapter 2 - Miscellaneous Provisions
Vision Care
Section 6980 - Commissioner May Increase Amounts Required for Tangible Net Equity, Capital Maintained, Fidelity Bond, and Deposit
Cite as: 36 O.S. § 6980 (OSCN 2026), Vision Care
The Insurance Commissioner may increase the amounts required under this act for tangible net equity, capital maintained, fidelity bond, and deposit to any amount the Commissioner determines to be appropriate if the Commissioner determines that such an increase is necessary to:
1. Assist the Commissioner in the performance of his or her regulatory duties;
2. Ensure the prepaid vision plan organization complies with the requirements of this act; or
3. Ensure the solvency of the prepaid vision plan organization.
Historical Data
Laws 2024, HB 1979, c. 360, § 9, emerg. eff. May 30, 2024.
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