The Insurance Commissioner of the State of Oklahoma shall be at least twenty-five (25) years of age and a resident of the State of Oklahoma for at least five (5) years, and have had at least five (5) years' experience in the insurance industry in administration, sales, servicing or regulation. The Insurance Commissioner shall not be financially interested, directly or indirectly, in any insurer, agency or insurance transaction except as a policyholder or claimant under a policy.

Laws 1957, HB 501, p. 218, § 302, emerg. eff. July 1, 1957; Amended by Laws 1983, HB 1318, c. 68, § 2, eff. November 1, 1983.