All documents required under law in an insurance transaction may be stored, delivered, or presented...

TheUniform Electronic Transactions Act (UETA)is a model law adopted by Oklahoma (codified in Title 12A O.S. § 15-101 et seq.) that governs the use of electronic records and signatures in transactions, including insurance. It allows insurance documents to be stored, delivered, or presented electronically, provided they meet UETA’s requirements for consent, accessibility, and record retention. Oklahoma’s Insurance Code incorporates these standards for electronic transactions in insurance.

Option A: Incorrect. The Uniform Commercial Code (UCC) governs commercial transactions, such as sales of goods, not electronic insurance documents.

Option B: Correct. The Uniform Electronic Transactions Act provides the legal framework for electronic insurance documents in Oklahoma.

Option C: Incorrect. The Oklahoma Insurance Commissioner enforces regulations but does not set the legal standard for electronic transactions.

Option D: Incorrect. The National Association of Insurance Commissioners (NAIC) develops model laws but does not directly govern Oklahoma’s electronic transaction requirements.

This question is part of the Prometric content outline under “State Insurance Statutes, Rules, and Regulations,” which covers Oklahoma’s laws on insurance transactions.