The Plan's ownership, control and management shall have the knowledge, skills and experience that will make the Plan's operation beneficial to employees. The Commissioner shall not grant or renew a certificate when the Plan's ownership, control, or management is under the control of any person whose operations are or have been marked by the following:

1. (1) business practice or conduct that is to the detriment of the public, stockholders, investors, or creditors; or
2. (2) improper manipulation of assets or accounts.

Added at 12 Ok Reg 2977, eff 6-16-95 (emergency)

Added at 13 Ok Reg 2127, eff 6-13-96

Amended at 23 Ok Reg 2404, eff 6-25-06