State statute · Oklahoma
License required for selling, soliciting, or negotiating
Okla. Stat. tit. 36, s. 36-1435.4
Edition and licensing notes
Publisher. Oklahoma State Legislature (oksenate.gov)
Status. Oklahoma Statutes, public domain.
What this document is
Okla. Stat. tit. 36, s. 36-1435.4: License required for selling, soliciting, or negotiating is a state statute published by Oklahoma State Legislature (oksenate.gov). It is one of the Oklahoma documents that insurance license exam questions are written from, including oklahoma life & health practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- Okla. Stat. tit. 36 § 1435.4 (License required to sell, solicit, or negotiate)
“A person shall not sell, solicit, or negotiate insurance in this state for any class or classes of insurance unless the person is licensed for that line of authority in accordance with the Oklahoma Producer Licensing Act.”
- Okla. Stat. tit. 36 § 1435.4(B) (Surplus lines penalty waiver)
“A penalty for selling, soliciting, negotiating, or procuring surplus lines insurance in this state without a surplus lines broker license shall be waived if the Insurance Commissioner receives an application for licensure as a surplus lines broker within thirty (30) days from the effective date of the policy at issue.”
- Okla. Stat. tit. 36, § 1435.5(B)(1)(a) (When License Not Required: Officer, Director or Employee Exception)
“A license as an insurance producer shall not be required of the following: 1. An officer, director or employee of an insurer or of an insurance producer, provided that the officer, director or employee does not receive any commission on policies written or sold to insure risks residing, located or...”
- Okla. Stat. tit. 36, § 1435.5(A) (When License Not Required: Scope of the Insurer Provision)
“Nothing in the Oklahoma Producer Licensing Act shall be construed to require an insurer to obtain an insurance producer license. In this section, the term "insurer" does not include an insurer's officers, directors, employees, subsidiaries or affiliates.”
- Okla. Stat. tit. 36, § 1435.4(A) (License Required for Selling, Soliciting, or Negotiating)
“A person shall not sell, solicit, or negotiate insurance in this state for any class or classes of insurance unless the person is licensed for that line of authority in accordance with the Oklahoma Producer Licensing Act.”
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More Oklahoma sources
- Okla. Stat. tit. 36, ss. 36-1203/1204: Unfair methods of competition and deceptive acts prohibited and definedState statute
- Okla. Stat. tit. 36, s. 36-1435.13: Suspension, revocation, or refusal to issue or renew licenseState statute
- Okla. Stat. tit. 36, ss. 36-4001 to 36-4023: Standard provisions required in life insurance policiesState statute
- Okla. Stat. tit. 36, s. 36-4405: Accident and health policy provisions (mandatory and optional)State statute
- Oklahoma Statutes Title 36 Article 1 and following - General Provisions (Secs. 36-101 through 36-650)State statute
- Oklahoma Statutes Title 36 Article 12 - Trade Practices and Frauds (Secs. 36-1201 through 36-1260)State statute
- Oklahoma Statutes Title 36 Article 14 - Producer Licensing (Secs. 36-1415.2 through 36-1478)State statute
- Oklahoma Statutes Title 36 Article 36 - The Insurance Contract (Secs. 36-3601 through 36-3651)State statute