Insurers subject to this part shall reduce to zero by December 31, 1999 any reserve credits or assets established with respect to reinsurance agreements entered into prior to the effective date of this part which, under the provisions of this part would not be entitled to recognition of the reserve credits or assets; provided, however, that the Reinsurance agreements shall have been in compliance with laws or regulations in existence immediately preceding the effective date of the amendments to this part.
Okla. Admin. Code § 365:25-7-53