Okla. Admin. Code § 5:11-11-6

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

Section 5:11-11-6 - Extension of suspension

If, after notice and hearing, at the conclusion of the 90-day period, the Board determines that the certificate of authority holder has failed to comply with the requirements, or upon consent of the certificate of authority holder, the Board may issue an order authorizing the temporary certificate holder to:

(1) Take charge of such certificate of authority holder and all of the property, books, records, and effects of the Abstract Plant;

(2) Conduct its business; and

(3) Take such other steps towards the removal of the causes and conditions which have necessitated such order, as the Board may direct.

(4) The temporary certificate of authority holder may be required to post an additional errors and omissions bond in an amount determined by the Board.

Okla. Admin. Code § 5:11-11-6

Added at 28 Ok Reg 1106, eff 7-1-11