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§ 1-837. Insuring life of resident--Persons eligible--Assignment of benefits of life insurance ...

Oklahoma Statutes AnnotatedTitle 63. Public Health and Safety

Oklahoma Statutes Annotated
Title 63. Public Health and Safety (Refs & Annos)
Chapter 1. Public Health Code
Article 8. Nursing Homes, Rest Homes and Specialized Homes
Residential Care Act (Refs & Annos)
63 Okl.St.Ann. § 1-837
§ 1-837. Insuring life of resident--Persons eligible--Assignment of benefits of life insurance policy
Currentness
A. No owner, administrator, or operator of a residential care home shall have an insurable interest in the life of a resident of the home unless the owner, administrator or operator is related to the resident by blood or marriage.
B. No owner, administrator or operator of a residential care home shall be entitled or assigned to any benefits of a life insurance policy on a resident unless the owner, administrator or operator is related to the resident by blood or marriage.

Credits

Laws 1984, c. 128, § 25, eff. Nov. 1, 1984; Laws 1987, c. 98, § 18, emerg. eff. May 20, 1987; Laws 2001, c. 410, § 17, eff. Nov. 1, 2001.
63 Okl. St. Ann. § 1-837, OK ST T. 63 § 1-837
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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