H.R.1047

Resolution; CompSource Mutual Insurance Company; State Insurance Fund; trust; public interest.

Complete·4/8/26

Oklahoma HR1047 emphasizes the state's interest in CompSource Mutual Insurance Company, ensuring its assets are held in trust for policyholders.

Oklahoma HR1047 highlights the state's interest in CompSource Mutual Insurance Company, recognizing it as a vital entity ensuring compensation under workers' compensation law. The resolution emphasizes that all monies and assets of CompSource Mutual Insurance Company are held in trust for the benefit of the insured employers or policyholders. It underscores the public's interest in the company and mandates that it not be considered a state agency or part of the Executive Branch.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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History

Apr 8

House

Enrolled, signed, filed with Secretary of State

Apr 7

House

Considered

Apr 7

House

Amended