Delinquency proceedings; appointment of personnel;

exemptions.

In any proceeding commenced against an insurer pursuant to

Article 18 or 19 of Title 36 of the Oklahoma Statutes for the

purpose of liquidating, rehabilitating, reorganizing or conserving

such insurer:

1. No former employee of the Insurance Department shall be

employed or appointed to serve in any capacity by the court to

assist the Insurance Department for a period of one (1) year

following such employee's former employment;

2. No former member of the State Legislature shall be employed

to assist the Insurance Department for a period of two (2) years

following the expiration of such member's service in office; and

3. If any former officer or employee of any other company has

been employed to assist the Insurance Department with the said

proceeding against the insurer, such other company may not purchase

the assets of or acquire any other interest in said insurer for a

period of one (1) year following the expiration or termination of

such officer's or employee's term of office or employment.