(a) Pursuant to 36 O.S. § 1686(A)(1)(i), the Insurance Business Transfer Plan shall include the form of notice to be provided to policyholders whose policy is part of the subject business. The notice shall include:
- (1) The identity of the parties in a way that allows policyholders to readily recognize the parties,
- (2) Free telephone contact number and times staffed by the Applicant, and
- (3) A clear statement that the policyholder can make objections to the court if the policyholder believes he or she may be adversely affected by the transfer.
- (b) The free telephone contact number stated in the notice shall be staffed by a representative of the Applicant at the timesspecified in the notice.
- (c) If the notice asks the policyholder to respond by a certain date, then the notice shall clearly state that the response is not a requirement.
Added at 40 Ok Reg 1628, eff 9-1-23