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Oklahoma law is based on the Oklahoma Constitution (the state constitution), which defines how the statutes must be passed into law, and defines the limits of authority and basic law that the Oklahoma Statutes must comply with. Oklahoma Statutes are the codified, statutory laws of the state. There are currently has 90 titles though some titles ...
The insurance tax is collected by the Oklahoma Insurance Department. While most of the insurance tax is deposited within the General Fund, the revenues also support the Insurance Department and provide revenues for the State's employee retirement systems. Insurance premium taxes account for approximately 2% of total state revenue.
The revenue for Oklahoma Insurance Department's budget is generated from the fees associated with the licenses. Since 2016, the OID has been non appropriated.According to the OID's 2018 Annual Report, the department's operations have produced $46.5 million to be given back to the State of Oklahoma budget for use by other state agencies.
Oklahoma auto insurance laws dictate that drivers must carry liability coverage that meets or exceeds 25/50/25 policy limits, meaning: $25,000 of bodily injury liability per person $50,000 of ...
Ohio Revised Code: Ohio Revised Code Oklahoma: Oklahoma Statutes: Oklahoma Statutes Oregon: Oregon Revised Statutes: Oregon Revised Statutes Pennsylvania: Pennsylvania Consolidated Statutes: 1970–present: Before 1970, there was no official codification of Pennsylvania's statutes; the proprietary codification by Purdon was a de facto standard.
The Oklahoma Insurance Department is charged with executing all laws relating to insurance and insurance companies doing business in the State. Oklahoma Insurance Commissioner Glen Mulready The current Insurance Commissioner is Glen Mulready who was elected in November 2018 and took the oath of office on January 14, 2019.
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In Oklahoma, a city is a highly autonomous incorporated area either contained within a county or spanning multiple counties. According to the state constitution, any community with a population of more than 2,000 can become a city. [38] State law further stipulates that a city must have at least 1,000 inhabitants. [37]