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Oklahoma Statutes

Service Warranty Act

Service Warranty Act

141.1Short Title 141.2Definitions 141.3Enforcement of Act - Rules 141.4License Requirements - Fees - Exemption from Insurance Code 141.5Qualifications for License 141.6Licensee Duties - Financial Responsibility Requirements - Unearned Reserve Account - Net Asset Ratios 141.7Application for License 141.8Annual License - Expiration, Renewal, and Fees - Reinstated Requirements 141.9License Revocation, Suspension, or Refusal to Renew 141.10Notice of License Revocation or Suspension 141.11Length of License Suspension - Licensee's Duties During Suspension - Automatic Reinstatement 141.12Violations of Act, Rules, or Orders - Penalties 141.13Service Warranty Forms - Filing and Approval - Electronic Submission - Service Warranty Contract 141.14Annual Statement - Penalties for Late Filing - Quarterly and Special Reports - Administrative Fee 141.15Periodic Examinations by the Insurance Commissioner 141.16Minimum Requirement for Permanent Office Records 141.17Designation of Agent for Service of Process 141.18Duty to Provide Names and Addresses of Sales Representatives 141.19Administrative Penalties in Lieu of Suspension 141.20No Authority to Transact Insurance Business or Act as Fronting Company 141.21Disclosure Statement in Service Warranty 141.22Supervision of Dissolution or Liquidation of Association Subject to Service Warranty Act 141.23Fraudulent Application for License or Registration - Knowing Violation of Act - Criminal Penalties 141.24Civil Action for Damages 141.25Prohibition Against Unfair Competition and Unfair or Deceptive Acts or Practices 141.26Acts and Practices Constituting Unfair Methods of Competition and Unfair or Deceptive Acts 141.27Investigative Authority of Insurance Commissioner 141.28Hearings - Methods of Serving Statements and Other Documents 141.29Final Order of Commissioner - Penalties - Appeals - Violations of Cease and Desist Orders 141.30Commissioner's Authority to Seek Injunctive and Restraining Orders and Remedies 141.31Provisions of Act Cumulative to Rights Under General Civil and Common Law 141.32Confidentiality of Active Investigatory Records 141.33Claim Files of Service Warranty Associations - Contents - Examination - Inquiry From Commissioner - Civil Penalties for Violations 141.34Insurance Commissioner - Authority to Issue Ex Parte Cease and Desist Order 141.35Emergency Cease and Desist Order - Service - Hearing - Procedure - Final Order - Judicial Review