Okla. Admin. Code § 600:30-1-8

Current through Vol. 42, No. 4, November 1, 2024

Section 600:30-1-8 - Background investigations

(a) In order to comply with the provisions of FIRREA and qualify each registrant for inclusion on the national registry, each owner of an AMC, and each Designated Officer of an AMC shall be of good moral character, as determined by the Board, and shall submit to a background investigation carried out by the Board.

(b) Background investigations shall be accomplished by use of a form approved by the Board.

(c) Background investigations shall be conducted by a vendor selected by the applicant from the list of vendors set forth by the National Association of Insurance Commissioners, shall be conducted at the applicant's expense, and shall be transmitted directly from such vendor to the Board.

Okla. Admin. Code § 600:30-1-8

Added at 28 Ok Reg 308, eff 1-1-11 (emergency); Added at 28 Ok Reg 921, eff 7-14-11

Amended by Oklahoma Register, Volume 40, Issue 23, August 15, 2023, eff. 9/1/2023