The Insurance Commissioner of this state shall be at least twenty-five (25) years of age and a resident of this state 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, insurance transaction, or other entity that is regulated by the Insurance Department, except as a policyholder or claimant under a policy. Added by Laws 1957, p. 218, § 302. Amended by Laws 1983, c. 68, § 2, eff. Nov. 1, 1983; Laws 2022, c. 178, § 1, eff. Nov. 1, 2022.
Oklahoma Legal Code