The Insurance Department of the State of Oklahoma is hereby created. The Department shall consist of the Insurance Commissioner and the State Board for Property and Casualty Rates. The powers and duties of the Insurance Commissioner shall be those created by this Code and not reserved to the Board and such powers and duties of the Board as the Board may request the Commissioner to perform. The powers and duties of the State Board for Property and Casualty Rates shall be those created by the applicable provisions of the Insurance Code. The Insurance Department shall be situated in one area in the State Capitol or some other location conveniently accessible to the general public subject to the provisions of Sections 63 and 94 of Title 74 of the Oklahoma Statutes and Section 580:20-13-5 of the Oklahoma Administrative Code.

Laws 1957, HB 501, p. 217, § 301; Amended by Laws 1965, HB 778, c. 60, § 2, eff. July 1, 1965; Amended by Laws 1980, SB 638, c. 322, § 2, eff. January 1, 1981; Amended by Laws 1986, HB 1944, c. 207, § 76, emerg. eff. July 1, 1986; Amended by Laws 1987, SB 340, c. 210, § 1, emerg. eff. July 1, 1987; Amended by Laws 1996, HB 1817, c. 10, § 1, emerg. eff. March 26, 1996.